PSA Peugeot CitroÃ«n

PSA Peugeot Citroën is a manufacturer of motor vehicles, with the Peugeot and Citroën. In the years 2007-2010 was the PSA Group, with 3.233 million (2007 ) and 3.602 million (2010) produced vehicles - after the Volkswagen AG - Europe's second largest automobile manufacturer. 2010, a total of 3.6 million vehicles were sold, 400,000 more than last year and more than ever before. The global market share of PSA in 2009 was 5%, while in Western Europe in 2010 to 14.3 % after 13.8% in the previous year. In 2012, a record loss of € 5 billion was recorded, which is due, however, largely due to write-downs of € 4.12 billion.

Group

In addition to Peugeot and Citroën other companies belong to the PSA group:

Faurecia, a supplier of seats, cockpits, exhaust systems and other components,
Banque PSA Finance, financial services with the Bank branches Peugeot and Citroën Bank,
Peugeot Motocycles, manufacturer of scooters and motorcycles,
Peugeot Citroën Moteurs (PCM ), sales company for engines,
Process Conception Ingénierie (PCI), in the engineering, manufacturing and commissioning of industrial plants.

History

After the takeover of Citroën by Peugeot, the holding company PSA Peugeot Citroën was established in 1976. In 1978, PSA European plants of Chrysler, who acted under the brand Simca and Chrysler - Simca and led the models to 1986 under the name Talbot and Talbot - Simca continued. The PSA Group since 1980 1985 wrote for the first time back in the black.

In 1978, with the Fiat Group formed a partnership for the production of vans and light commercial vehicles, which produced, among others, the 1994 Peugeot 806, Citroen Evasion, Fiat Ulysse and Lancia Zeta. On the same platform, the commercial vehicles Peugeot Expert, Citroën Jumpy and Fiat Scudo were produced.

In the engine market developed together with Renault V6 engine was introduced in 1996, replacing the built since 1974 V6 PRV engine (Peugeot, Renault, Volvo). 1999 agreement with Ford for the joint development of diesel engines was signed, which came to market in 2001. In the same year, a cooperation agreement was signed with Toyota for the production of common small cars in the Czech Kolin, presented in 2005 as the Peugeot 107, Citroen C1 and Toyota Aygo. For the joint venture TPCA was founded. Therefore, the Toyota recall the Aygo because of nipping gas pedals beginning of 2010 also affected the Peugeot 107 and the Citroën C1, which are produced together with the identical Aygo factory Toyota Peugeot Citroën Automobile.

Currently, there is a cooperation with BMW to develop a new generation of engines for higher-class Peugeot vehicles. The drive jointly developed internally as " Prince Motor " designated is manufactured by PSA and is built among others the BMW Mini and the Peugeot 308 and the RCZ. This modern engine uses valve-timing Valvetronic BMW. This could theoretically be omitted in this engine to a throttle valve.

Furthermore, PSA is cooperating in the field of diesel engines with Ford PSA developed in this collaboration, the small engine models ( 1.4-2.2 liters), while Ford contributes the major engines of 3 liters.

Also works in cooperation in the field of SUVs. The two almost identical Citroën C -Crosser, Mitsubishi Outlander and Peugeot 4007 are manufactured by Mitsubishi; petrol engines come from Mitsubishi, the diesel engines by PSA. The new generation is called Peugeot 4008 and Citroen C4 Aircross; Both models are based on the Mitsubishi ASX.

In 2012, the PSA Group entered into a cooperation agreement with General Motors. As part of this, GM owns 7 % of the PSA Group. The aim of the cooperation is the joint purchasing and joint development of platform cars with GM Europe ( Opel / Vauxhall Motors ). The first models to upper middle class belong ( Opel Insignia ); also originally developed for Saab Automobile upper class model as well as the small car to be built together. Also in 2012 joined PSA cooperation with Toyota. Thus, from the second quarter of 2013 PSA will provide a sister model of the Peugeot Expert / Citroen Jumpy at Toyota as Toyota Hiace. In addition, cooperating to develop PSA and Toyota future commercial vehicles. On October 24, 2012 it was announced that the French government guaranteed bonds issued by the PSA Bank in the amount of EUR 7 billion. This bankruptcy was avoided. In return, two additional items were created by the Supervisory Board, one by one employee representatives and one is occupied by an " independent characterized in close agreement with the state." Thus, the Group falls under de facto state control. This Independent is the former chief of EADS, Louis Gallois.

The 75 - percent stake in the highly profitable logistics subsidiary GEFCO was sold in late 2012 for about 800 million euros and a special dividend of 100 million euros to the Russian state-owned railway company RŽD.

On December 12, 2013 General Motors announced that they would get off at Peugeot and the entire stake of 7% sell. The 2012 closed a strategic alliance between the two companies will remain. At the same time it was announced that Peugeot seeks a capital increase, in the course of which the Chinese company Dongfeng and the French State will participate in Peugeot itself. On February 19, 2014, the Supervisory Board of PSA decided that the capital will be increased by three billion euros. In this case, the consent of the shareholders, provided that the French state and Dongfeng to invest 800 million each, for which they will each receive 14 percent stake in the company. The other 1.4 billion are to be taken up by the sale of additional shares. In order for the voting shares of the Peugeot family will fall from 38 to 14 percent.

Assembly plants

Cooperation, joint venture or production license

Fiat Ulysse, Scudo; Lancia Phedra

Shareholder

Capital share in% ( voting rights in brackets ): Update: December 31, 2010

Peugeot family 30.3 % ( 46.26 %)
Individuals 7.87% ( 6.15% )
Employees 2.79% (3.88 %)
BNP Paribas 1.06% (1.63 %)
French Institutional Investors 17.61 % ( 13.45% )
Foreign Institutional Investors 37.3 % ( 28.63 %)
Treasury shares 3.07% (0.0%)

Capital shares for changes in % (as of January 31, 2013 )

Peugeot family 25.4%
Individuals 7.5%
Employees 2.6%
French Institutional Anlager 18.4%
Foreign Institutional Investors 35.5%
Treasury shares 3.6%
General Motors 7.0%

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