Latin america

A recovery driven by a more pertinent business model

Groupe PSA sales in  Latin America totalled 183,900 vehicles in 2016. With most of the major countries in this region in the throes of economic difficulty, the Group’s priority is to achieve profitable growth while maintaining strong positions: the aim is to double sales and triple profit between 2015 and 2021. The Group has already renewed almost all its range, and eight new vehicles are built locally.

Alongside its three production sites, one in Brazil and two in Argentina (including one powertrain site), Groupe PSA has a styling and R&D centre with offices in São Paulo and Porto Real (Brazil) as well as in Palomar (Argentina). The Group has also put in a place a special skills centre dedicated to local biofuels and their combustion.

  • X2

    sales growth target between 2015 and 2021

  • 16

    product launches by 2021

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Europe

Groupe PSA, Europe's number-two automobile manufacturer

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