Today 09/29/2016 - 05:38:00 PM
Peugeot SA 13.445€
CAC 40 4,443.84 PTS
France’s National Intellectual Property Institute (INPI) has announced that PSA Peugeot Citroën filed and received more patents than any other French company in 2007, with 921 patents. The news attests both to the intensity of the Group’s research and development commitment and to the effectiveness of the organization implemented to protect the results of that commitment.
In 2007, the Group allocated €1.8 billion to R&D, representing 3.8% of Automobile Division sales.
Filings primarily concerned the design and manufacturing of automotive equipment, engines, exhaust gas post-treatment systems, car bodies, suspension systems, braking systems and gearboxes.
The development of automotive design patents is being driven by:
On the manufacturing side, the PSA production system now being deployed in every Group plant has been extensively patented, with 2007 filings covering such areas as assembly line delivery methods and systems, handling systems and robotics. This demonstrates the Group’s deep determination to develop excellence in production practices, to underpin the quality of vehicles sold in Peugeot and Citroën dealerships.
A highly specialized team of 30 engineers and technicians is in charge of protecting the Group’s innovations.
PSA Peugeot Citroën’s patent leadership in France reflects the growth of its innovation activities and their acceleration was part of the CAP 2010 program. It is also an outcome of the employee incentive and reward policies in place since 2001, in particular the Annual Innovation Prize awarded every year to the most outstanding inventions and their creators.