Today 09/30/2016 - 05:35:16 PM
Peugeot SA 13.595€
CAC 40 4,448.26 PTS
With 1,152 patent applications published in 2010, PSA Peugeot Citroën is once again France’s leading patent filer
For the fourth year in a row, PSA Peugeot Citroën is France’s leading patent filer. According to the list announced today by France’s National Intellectual Property Institute (INPI), 1,152 Group patent applications were published in 2010.
Filed in 2008 and 2009, these patents reflect the dynamic innovation strategy deployed by PSA Peugeot Citroën, which has considerably stepped up its R&D programmes despite a relatively unfavourable economic environment. The achievement further demonstrates the commitment of the Group’s technicians and engineers to enhancing the technology of both brands’ models, with the goal of more fully satisfying customer needs.
The new patents strengthen a portfolio of innovations that ensure product differentiation in a demanding, constantly changing market. In this way, the Group is able to stand apart from other automobile manufacturers, in particular with its line-up of safer, more environmentally friendly vehicles.
Covering the entire vehicle design process, the patents reflect the Group’s strategic innovation objectives, especially:
The assertive patent strategy also illustrates the Group’s employee relations commitment by recognizing and showcasing its inventors.
In 2010, PSA Peugeot Citroën allocated €2.1 billion to research and development in the Automotive Division, representing 5% of Division revenue.