The Portuguese Carlos Tavares (61), Chairman of the Board of the French PSA group, is regarded as the Superstar of the auto industry, since he saved Citroën DS, Peugeot and Opel from delicate situations, and has his PSA group profit margins, the Champion performs. To be concentrated at the beginning of this year, the China business and the merger with Fiat/Chrysler Group, FCA. But now, the Corona-pandemic makes everything much more difficult.
to cancel The Geneva Salon was the right one. How dangerous is the Coronavirus is, we see now, Yes. What was not in my opinion correctly, is the way the financial remained the invoice to the exhibitors to hang. The losses would have to be distributed over all Involved. But at the Moment our main concern is the health you will enjoy absolute priority.
We need to be creative and find solutions that meet your every need. Even if we have to think outside the box. That is what we did last month, when we revealed the Citroën Ami. A two-seater electric car for the City, which can be driven by anyone for a monthly fee of 19.99 Euro. It is cute, functional, electric, comfortable, only 2.40 metres short and affordable. Due to our many years of experience in this Segment, we know what customers from compact city cars to expect. And our Know-how allows us to find the best solutions for each brand, both in the case of PSA, as well as the FCA.
market segmentation, as we know it today, will change. There will be a greater differentiation between urban and rural areas. The vehicle ownership is set to lose up in the medium term, on the ground, the vehicle’s benefit is more important. PSA will surprise the market with new mobility devices.
We have a very sound merger plan with our friends from FCA elaborated, the us, estimated annual synergies of € 3.7 billion without plant closures will bring. Since the signing of the agreement three and a half months, many new ideas appear again and again. Currently we use our energy, the last ten of a total of 24 requests for admission files to prepare. We must follow the priorities.
Personally Carlos Tavares
Carlos Tavares, born on 14. August 1958, grew up in Lisbon as the son of a French teacher and studied at the Ecole Centrale Paris, one of the most prestigious Engineering schools in France. The Portuguese worked for five years at Nissan in the USA and then worked for 32 years in the top management at Renault. Since 1. In January 2014, he is Chairman of the management Board of PSA, France’s largest car manufacturer. Tavares has three children, is a hobby racer, and collects vintage cars. Among other things, he owns a Porsche 912 (1966), an Alpine A110 (1976) and a Peugeot 504 coupe (1979).
We are two very Mature companies with healthy financial results. But of course, we know that there are many challenges that we must face. This does not mean that we are in every Region and in every market. FCA is not well in Europe. To improve PSA in China, where we were not successful, strongly – although we have the best profit margins in the industry. I see both sides of many ways to fix this.
We could provide the VW group with this question and got probably a good answer. As a car lover, I am very happy to have all these brands together. There are brands with a long history, passion, and a lot of potential. It is up to us, the different markets in the different regions of the map, in order to make a lucrative business. I see the number and diversity of the brands that we combine, as a major advantage for the future of the company.
We are on the right path. In January and February we were in Europe at under 93 g/km. We verify on a monthly basis, so that it is less difficult to correct when necessary. Some of our competitors will get in the fall issues, if you find that you are above the limit. And it is likely that you will then need to grant substantial discounts on their models with little or no emissions.
Coronavirus: 810’000 cars for less
Currently, nearly 100 car in Europe because of the Corona-pandemic-production facilities and various supplier companies still (it was in the Sunday view). This means that in March and April in Europe instead of around 15 million vehicles, only about 14.2 million cars to be built. In Germany alone, it will be in this period of 250’000 cars less. But also in Spain (-140’000), France (-90’000), England
(-54’600), the Czech Republic (-51’000) and Italy (-41’300) are likely to roll, according to the calculations of the international market observer Berylls for the German magazine “Auto, Motor und Sport”, much less new cars from the tape.
you look at the individual auto manufacturers and their production plants in Europe, the VW has to cope with group alone with its four biggest brands, a decline of 214’000 vehicles (Audi: 28’000, Seat: 39’000, Skoda: 41’000, VW: 106’000). Behind the PSA (Citroën, DS, Opel, Peugeot, Vauxhall) with a decrease of 137’000 vehicles, BMW (-98’000), Renault/Nissan/Mitsubishi (-97’000), Daimler (-69’000), FCA (Alfa, Chrysler, Fiat, Jeep, etc., -55, 000) and Ford (-54’000) consequences.
Should be running in Germany from June, car production back in full swing, is likely to be the loss of revenue due to production losses, according to Professor Stefan Bratzel, head of the Center of Automotive Management in Bergisch-Gladbach, near Cologne (D), in Germany alone, up to 20 percent, so about 80 billion euros.
