Groupe PSA

  • Brexit

    News » PSA ramps up production at Vigo before Brexit

    April 9th 2019 Groupe PSA has been forced to increase the production of cars bound for the UK at its Vigo plant, as more vehicles are imported ahead of a potential no-deal Brexit, according to reports from Spanish newspaper Faro de Vigo. Given the uncertainty surrounding the UK’s exit from the EU, the motor industry also has concerns […]
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  • Mergers and acquisitions

    News » PSA continues spare parts expansion in China

    April 1st 2019 Groupe PSA has acquired a controlling interest in Longstar, an automotive parts wholesaler based in Fujian province, south-east China. With two main warehouses and 40 hub sites, Longstar delivers a catalogue of 10,000 parts from 18 international suppliers to 4,000 independent repairers. PSA says it will gain access to a “competitive, efficient distribution system meeting […]
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  • People moves

    News » Basset takes helm at PSA Retail

    March 13th 2019 Eric Basset became director of PSA Retail on March 11, taking charge of PSA Retail SAS, which manages the group’s car distribution assets in France. The business operates 138 sales outlets in France’s largest cities, marketing the Peugeot, Citroën, DS Automobiles and Opel brands. It has nearly 5,000 employees dealing with new and used vehicle […]
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  • Manufacturing moves

    News » PSA invests in China’s used car sector

    February 20th 2019 Groupe PSA has invested in Chinese company FengChe, which provides supply chain management services, designed to improve used car dealers’ business operations. The OEM’s investment has not been disclosed, but is significant, according to a spokesperson for the carmaker. Nevertheless, FengChe remains the majority shareholder and its management structure is unchanged. Used car activity in […]
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  • Asset tracking

    News » Groupe PSA tracks containers with IoT

    February 5th 2019 Groupe PSA is using a new track and trace technology provided by IBM and Sigfox to more accurately monitor and control the movement of packaged parts between its suppliers and assembly plants. The digital system, called Track&Trace, uses IBM’s cloud-based Internet of Things (IoT) technologies, including Watson IoT, along with Sigfox’s international 0G network, which […]
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  • Rail freight

    News » Gefco supplies rail wagons to PSA in Morocco

    January 28th 2019 Transport and logistics provider Gefco has delivered two vehicle-carrying rail wagons to serve Groupe PSA’s new car assembly plant at Kenitra, in Morocco. A further 45 will be delivered by the end of this year. Gefco said the complex operation involved routing wagons from Saint Nazaire port in France, refurbishing and customising them, loading them […]
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  • Connected distribution

    Intelligence » Connecting the dots

    January 3rd 2019 Buy a new BMW, and it’s no surprise to find it stuffed with hi-tech telematics. Real-time traffic information, GPS navigation, automatic speed limit display, rear vision display, parking assistance, smartphone integration, intelligent diagnostics and status display – all of these and more are fast becoming part of the modern driving experience. As automotive logistics insiders […]
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  • OEM focus

    Intelligence » Stepping up the pace

    January 2nd 2019 When Groupe PSA bought Opel/Vauxhall from GM in 2017 for €2.2 billion ($2.33 billion), Gefco was already providing logistics services for it. Then, when Opel/Vauxhall renewed its contract for fourth-party logistics (4PL) services with Gefco in October 2018 for a further four years, Gefco was tasked with finding further cost reductions and intensifying its optimisation […]
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  • Contract developments

    News » Gefco edges nearer flotation

    December 5th 2018 Gefco has reaffirmed it is looking to make a public offering on the Euronext Paris stock exchange in 2019. Russian Railways, which has a majority stake in the transport and logistics provider, said it was considering a partial reduction of its 75% stake to below 50%. Gefco’s former owner and partial stakeholder Groupe PSA, will […]
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  • Manufacturing moves

    News » PSA buys shares in China’s UAP

    December 4th 2018 Carmaker Groupe PSA has purchased a stake in Chinese spare parts supplier UAP, based in Shandong province, as part of the French group’s expansion in China strategy. The latest acquisition is a first step and could lead to a greater interest in UAP, with several steps defined to increase PSA’s participation, a group spokeswoman told Automotive […]
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