Today 09/28/2016 - 03:37:48 PM
Peugeot SA 13.625€
CAC 40 4,450.61 PTS
To meet buoyant market demand for the EB Turbo PureTech three-cylinder petrol engine that outfits its range-core models, PSA Peugeot Citroën has assigned a new production module to the Trémery plant in north-eastern France.
The decision was taken by the Executive Committee on 26 March based on the findings of a quality, cost and investment competitiveness survey undertaken in 2014 and covering all PSA Peugeot Citroën's industrial facilities in Europe.
The modular, high-performance, three-cylinder engine which is fitted on the Peugeot 208, 308, 2008 and 3008, the Citroën C3, C4, C4 Cactus, C3 Picasso and C4 Picasso, and also the DS 3 and DS 4, cuts fuel consumption and CO2 emissions by an average 18% compared with the naturally aspirated EP Prince engine, already the market’s top performer.
More generally, PSA Peugeot Citroën leads the European market on the CO2 front, with average emissions of 110.3 g/km in 2014. The Group has leveraged its engineering expertise to push fuel consumption down to as low as 4l/100km (95g CO2/km) for the EB Turbo PureTech three-cylinder petrol engine and to an even lower 3l/100km for the Blue HDi diesel, thanks to which the Peugeot 208 HDi diesel has clearly emerged as the new benchmark in the market, with emissions of just 79g CO2/km.
The Trémery plant reached a milestone in January 2015 by producing its 40 millionth engine and the Trémery-Metz industrial facility recently became the Group's leading mechanical components plant by manufacturing 1,577,000 engines and 893,000 gearboxes in 2014. PSA Peugeot Citroën is also the number one employer in north-eastern France, where it represents 5,300 direct jobs and around 15,000 indirect jobs.
Commenting on the announcement, Yann Vincent, Executive Vice President, Director Supply Chain & Manufacturing, said: "This 200,000 unit production module was assigned as a result of our more flexible manufacturing system and the work done at Trémery to meet competitiveness targets across the value chain. We are still actively rolling out our Excellent Plant project, which aims to bring our industrial facilities into line with the very highest global standards”.