Peugeot-Citroen unveiled its plans

On April 05, 2016 head of Peugeot-Citroen M.Carlos Tavares represented company’s plan for the nearest years under the name «push to pass”, and also revealed ways of increasing margin. Upon the results of the plan discovery shares of the company grew by 6%.

Company’s plan of 2014 named Revenir dans la course and brought it 1.2 bln Euro of net profit in 2015. In the nearest years it is planned to increase margin from 6% up to 15%.

Till 2021 28 brand’s new models will be launched in Europe, totally in the world – 34. At the same time Peugeot-Citroen doesn’t plan to increase its share in the biggest global markets – USA and China. But return to Iran market is presumed.

The company is the biggest auto maker of France, and reasonable auto company in the world.

Sourced: La-Croix [1], La Tribune [2],