Known for Peugeot, Citroën, DS, Vauxhall, Opel
Groupe PSA is a publicly listed auto manufacturer headquartered in Rueil-Malmaison, France. In 2019 it had US$83.6 billion in revenue and sales of over 2.9 million vehicles. To date, the majority of Groupe PSA’s vehicle sales have been in the European region - approximately 85 percent in 2019 - with no US presence. The upcoming merger with Fiat Chrysler is set to shift the regional mix towards the US. Sales have been declining in other regions.
- Total score
- Assessment Note
Groupe PSA received a full ACT assessment in 2019. This 2020 assessment includes Opel/Vauxhall.
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Sold product performance
The company could demonstrate stronger transition alignment by providing more public financial details on its transition management, and by publishing well below 2-degree scenario and stress testing results in its planning, looking beyond the current 10-year analysis period.
The company is increasing the share of low-carbon vehicles in its sales but not yet at a rate fast enough to align to its well below 2-degree decarbonisation pathway. With 0.79 percent low-carbon vehicle sales in 2019, the company is significantly behind the 5.7 percent required for its decarbonisation pathway alignment. Groupe PSA’s most important focuses for improved low-carbon transition alignment could therefore be to rapidly ramp up sales of its full electric and plug-in hybrid vehicles and to maintain a low-carbon aligned approach post its merger with Fiat Chrysler.
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More about the company
- Ownership structure
- Publicly listed
- Revenue (2019)
- US$83.6 billion
- Number of vehicles sold (2019)