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PSA Group Announces Expansion Of Car Sharing Service 16
Nov
Posted by Brad Anderson in CVMP, PSA, Reports on 11 16th, 2017


PSA Group has announced new details about its Push to Pass strategic plan, confirming that it will push into the car-sharing market and offer online car sales.

At a Mobility Talks event held in France, PSA Group revealed that its Free2Move mobility brand will play an important role in its future. As it stands, the app already has over 450,000 users and provides options to rent a bicycle, scooter or other vehicles across Europe and most recently, also in Seattle.

To further its presence in the mobility industry, PSA Group has formed a partnership with Huawei to create a new digital platform dubbed Connected Vehicle Modular Platform (CVMP). This technology will ensure digital interactions between the car and the cloud are managed securely.

Additionally, the platform will eventually offer remote on-demand car diagnostics and remote-control solutions including battery charging and pre-heating. Furthermore, over-the-air software updates will be made available.

In terms of online car sales, PSA Group has made the decision on the back of growing consumer demand to purchase vehicles online. PSA’s system will allow customers to configure a model, set up a financing plan, estimate the trade-in value of their old car and select a date to take delivery of their new vehicle.

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PSA Group Announces Expansion Of Car Sharing Service 16
Nov
Posted by Brad Anderson in CVMP, PSA, Reports on 11 16th, 2017


PSA Group has announced new details about its Push to Pass strategic plan, confirming that it will push into the car-sharing market and offer online car sales.

At a Mobility Talks event held in France, PSA Group revealed that its Free2Move mobility brand will play an important role in its future. As it stands, the app already has over 450,000 users and provides options to rent a bicycle, scooter or other vehicles across Europe and most recently, also in Seattle.

To further its presence in the mobility industry, PSA Group has formed a partnership with Huawei to create a new digital platform dubbed Connected Vehicle Modular Platform (CVMP). This technology will ensure digital interactions between the car and the cloud are managed securely.

Additionally, the platform will eventually offer remote on-demand car diagnostics and remote-control solutions including battery charging and pre-heating. Furthermore, over-the-air software updates will be made available.

In terms of online car sales, PSA Group has made the decision on the back of growing consumer demand to purchase vehicles online. PSA’s system will allow customers to configure a model, set up a financing plan, estimate the trade-in value of their old car and select a date to take delivery of their new vehicle.

PHOTO GALLERY



PSA Has Already Decided Which Brand To Bring To America, Might Not Be DS 15
Nov
Posted by Michael Gauthier in Citroen, DS, opel, PEUGEOT, PSA, Reports, USA, vauxhall on 11 15th, 2017


Groupe PSA recently returned to the United States with its Free2Move mobility app but that’s not much consolation for fans hoping to buy one of the company’s vehicles.

Cars are coming but it might be awhile before they arrive. As PSA North America CEO Larry Dominique explained to Automobile Magazine, the company doesn’t have a dealership network, infrastructure, or parts and service providers in this country. He added, “I have to build those things from the ground-up.”

Dominique went on to say the situation is a blessing and a curse but he’s going to make sure PSA is 100 percent ready before launching a car in America. He declined to say when this might occur but there’s little doubt the company don’t want to repeat Fiat’s underwhelming return.

Despite not having a firm launch date, Dominique confirmed PSA has already decided which brand to bring to the United States. Initial speculation suggested it would be DS but the executive downplayed that idea by saying “people are just making assumptions.” That doesn’t necessarily mean it won’t be DS but other possibilities include Peugeot or Citroen as well as the recently acquired Opel and Vauxhall. The three French brands are seen as the most likely candidates but only time will tell which one finally gets the green light.

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Opel’s Turnaround Plan Includes EVs, More Markets And A Return To Profit By 2020 10
Nov
Posted by Michael Karkafiris in Electric Vehicles, opel, PHEV, PSA, Reports, vauxhall on 11 10th, 2017


Opel outlined its future strategy which will help it return to profitability and secure a sustainable future for the German brand.

According to its new strategic plan -which goes by the name PACE!- Opel/Vauxhall will move to PSA platforms four years faster than originally planned. The company wants to electrify every model line by 2024, promising to offer battery-electric and plug-in hybrid versions alongside the traditional internal combustion engine.

By 2020, Opel will have launched nine new models, including four electrified ones. Among the new models will be a plug-in hybrid version of the Grandland X SUV, a fully-electric version of the next-gen Corsa supermini and a new SUV.

Other measures include making Opel more competitive by reducing costs per car by 700 euros ($815) and creating a lower financial break-even point of 800,000 vehicles per year to secure a profitable business model.

Opel’s new plan was designed to avoid forced lay-offs as it currently negotiates voluntary departures, early retirements and shorter hours with its workers while relying partly on exports for its underused factories. The company plans to enter 20 new markets by 2022, with China and Brazil being under consideration.

“This plan is paramount for the company, to protect our employees against headwinds and turn Opel/Vauxhall into a sustainable, profitable, electrified, and global company,” said Opel CEO Michael Lohscheller. “Our future will be secured and we will contribute with German excellence to the Groupe PSA development. The implementation has already started with all teams eager to achieve the objectives.”

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Opel To Cut Models, Develop EV Tech As Part Of PSA’s Restructure 7
Nov
Posted by Michael Karkafiris in opel, PSA, Reports, vauxhall on 11 7th, 2017


PSA Group’s restructuring plan for Opel includes reducing the number of models the German brand sells in order to focus on high-margin segments, as well as develop EV technologies for its new owners.

PSA is also going to bundle Opel’s purchasing activities with its own and launch the German brand in new markets that were previously considered a taboo under GM’s ownership, according to AutoNews.

These changes are some of the key points of the general restructuring plan PSA has in store for Opel, a plan that will be presented in a few days by the German brand’s CEO Michael Lohscheller.

PSA intends to use Opel’s Rüsselsheim-based technical center as a hub for the partial or complete electrification of all the Group’s future models. Other expected to be announced measures include cutting Opel’s labor costs but details will be revealed during the official announcement.

From now on, all future Opel models will be based on PSA’s platforms, using their engines, transmissions and other technologies. This will also help Opel to achieve the fuel efficiency and CO2 reduction targets which are expected to be missed with its current powertrains.

The goals of PSA’s restructuring plan are for Opel to breakeven in 2019 and bring a 2 percent operating margin in 2020.

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Opel To Cut Models, Develop EV Tech As Part Of PSA’s Restructure 7
Nov
Posted by Michael Karkafiris in opel, PSA, Reports, vauxhall on 11 7th, 2017


PSA Group’s restructuring plan for Opel includes reducing the number of models the German brand sells in order to focus on high-margin segments, as well as develop EV technologies for its new owners.

PSA is also going to bundle Opel’s purchasing activities with its own and launch the German brand in new markets that were previously considered a taboo under GM’s ownership, according to AutoNews.

These changes are some of the key points of the general restructuring plan PSA has in store for Opel, a plan that will be presented in a few days by the German brand’s CEO Michael Lohscheller.

PSA intends to use Opel’s Rüsselsheim-based technical center as a hub for the partial or complete electrification of all the Group’s future models. Other expected to be announced measures include cutting Opel’s labor costs but details will be revealed during the official announcement.

From now on, all future Opel models will be based on PSA’s platforms, using their engines, transmissions and other technologies. This will also help Opel to achieve the fuel efficiency and CO2 reduction targets which are expected to be missed with its current powertrains.

The goals of PSA’s restructuring plan are for Opel to breakeven in 2019 and bring a 2 percent operating margin in 2020.

PHOTO GALLERY



Opel/Vauxhall Financial Acquisition Makes PSA’s Takeover Complete 3
Nov
Posted by Carscoops Staff in opel, PSA, vauxhall on 11 3rd, 2017


The PSA Group‘s acquisition of Opel and Vauxhall is finally complete with the transfer of the German/British automaker’s financial operations.

In parallel to the French carmaker’s taking over over GM’s European auto brands, the financial division is being shared by its own banking division Banque PSA Finance and French financial giant BNP Paribas – one of the largest banks in the world.

Following the acquisition, the Opel Bank, Open Financial Services, and Vauxhall Finance are being merged into one institution. PSA’s Alexandre Sorel will serve as CEO, supported by both Opel’s Erhard Paulat and BNP’s Pascal Brasseur as deputies.

“We are now thoroughly committed, alongside all of the teams, to building the strategic plan with the clear purpose of improving the performance of the company’s businesses and the competitiveness of our financial solutions for Opel and Vauxhall customers,” said Sorel. “Everyone’s involvement across the company is critical at this stage.”

Last year, the three operations (now merged) represented some €9.6 billion in financing, forming an integral part of the business for 1,800 Opel and Vauxhall dealers in 11 European countries – including vehicle loan financing, leasing, service contracts, and insurance.

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PSA Returns To The U.S. With The Launch Of Its Free2Move Service In Settle 4
Oct
Posted by Michael Gauthier in APP, PSA, Tech, USA on 10 4th, 2017


Groupe PSA has returned to the United States with the launch of its Free2Move mobility app.
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PSA And Changan Will Launch A New One-Ton Pickup By 2020 27
Sep
Posted by Cristian Gnaticov in Changan, china, Citroen, PEUGEOT, PSA, Reports on 09 27th, 2017


After acquiring Opel/Vauxhall from General Motors earlier this year, the PSA Group continues to expand its operations by signing an agreement with Changan Automobile.
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Next Peugeot 208 To Be Offered In Pure EV Version As Well In 2019 22
Sep
Posted by Michael Karkafiris in Electric Vehicles, PEUGEOT, PSA, Reports on 09 22nd, 2017


PSA’s next all-electric model will be based on the next generation Peugeot 208 supermini, set to be revealed at the 2018 Geneva Motor Show.
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PSA Factories Are More Efficient Than Opel’s, Says Tavares 19
Sep
Posted by Michael Karkafiris in opel, PSA, Reports, vauxhall on 09 19th, 2017


PSA Group factories appear to be more productive than the ones operated by the newly acquired Opel/Vauxhall, according to PSA CEO Carlos Tavares.
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PSA Factories Are More Efficient Than Opel’s, Says Tavares 19
Sep
Posted by Michael Karkafiris in opel, PSA, Reports, vauxhall on 09 19th, 2017


PSA Group factories appear to be more productive than the ones operated by the newly acquired Opel/Vauxhall, according to PSA CEO Carlos Tavares.
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PSA’s Next-Gen Models Are Engineered To Meet U.S. Regulations 18
Sep
Posted by Michael Karkafiris in Citroen, DS, PEUGEOT, PSA, Reports on 09 18th, 2017


PSA Group, the owner of Peugeot, Citroen and DS Automobiles, is engineering its next generation of vehicles to meet U.S. regulations as part of their plan to return in North America.
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New Grandland X To Become Opel’s First Plug-In Hybrid Model 12
Sep
Posted by Michael Karkafiris in Frankfurt-Motor-Show, Hybrids, new cars, opel, Opel Grandland X, Opel Insignia, PHEV, PSA on 09 12th, 2017


The new Opel Grandland X will become the first plug-in hybrid model to be offered from the German manufacturer, with the news announced directly from Michael Lohscheller, Opel’s CEO.
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PSA Reportedly Accused Of Cheating Emissions In 2 Million Cars 8
Sep
Posted by Michael Karkafiris in Citroen, diesel, DS, PEUGEOT, PSA, Reports on 09 8th, 2017


A French newspaper reports that PSA Group has been caught using suspect software in two million cars sold from Peugeot and Citroen.
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