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Basset takes helm at PSA Retail

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Eric Basset, director of PSA RetailEric 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 sales, after-sales and leasing.

PSA Retail accounted for 25.6% of Groupe PSA’s network sales in France last year.

“Eric Basset’s arrival at the head of PSA Retail France, with his operating experience in the different automotive distribution professions and his outside perspective, is a great asset,” said Anne Abboud, senior vice-president of PSA Retail. “It comes at a time of transformation in our business lines, shaped by digitalisation and the energy transition.”

Basset joins PSA from French peer Renault, where he has spent most of his working life. Since 2009 he was, in succession, managing director of Ireland, the Czech Republic/Slovakia/Hungary, and then of Renault Retail Group in Spain followed by Renault Commerce in Morocco.

Basset replaces Bruno Poher who has taken an international promotion within the PSA group.