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Carlos Tavares Presents PSA Citroen's Strategy at the... http://uk.reuters.com/article/2015/04/15/psa-peugeot-citron-...

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Landing | Wed Apr 15, 2015 11:59am BST Presents PSA Peugeot Citroen's Strategy at the French National Assembly

Carlos Tavares Presents PSA Peugeot Citroen's Strategy at the French National ADVERTISEMENT Assembly

TRENDING ON REUTERS Regulatory News: Senior Iranian Revolutionary Guards On 15 April, at a French National Assembly hearing before the Economic Affairs and general killed in Syria - IRGC 1 Sustainable Development committees, Carlos Tavares, Chairman of the PSA Peugeot Islamic State closes in on city of Aleppo Citroën (:UG) Managing Board, took the floor to reaffirm the Group's strategy. in Syrian fighting | 2

In so doing, he referred to the main drivers of the Group's financial reconstruction: NASA Mars rover finds clear evidence for ancient, long-lived lakes 3

Three different, yet complementary . A targeted product strategy. Europe needs better relations with Profitable global growth regions. - Juncker 4 Carlos Tavares reiterated that he aims to improve the company's financial performance by focusing on manufacturing excellence and, at the same time, ensure it remains a major Businesses, MPs launch 'Vote Leave' campaign to push for Brexit 5 industry player in France.

Repeating the message he gave at an initial hearing in July 2014, he reaffirmed the Group's commitment to proposing sustainable, clean mobility solutions, notably through: Sponsored Financial Content (?)

– The development of innovative, high-performance technologies for the vehicle of the What does US non-farm payroll actually tell us? Saxo Markets future, such as rechargeable hybrids and electric . In addition, Mr. Tavares announced PSA Peugeot Citroën's determination to be a major player in connected services after 8 Core reasons why you should invest in Japan. Aberdeen pioneering the first emergency call and assistance systems over ten years ago, with more Staying invested in retirement? Get than 13,000 calls transferred to France's rescue services to date. Lastly, he announced inspiration from investment trusts J.P. Morgan

that vehicles would be launched in 2018 featuring the very first automated driving systems Which AIM-listed companies are tipped for for use in traffic jams. success? SVS Securities

Is gold losing its sparkle for investors? TD – Investments in R&D to constantly improve existing solutions that have enabled PSA to Direct Investing

become the leading European carmaker in terms of CO2 emission reduction, with average emissions of 110.3 g/km. He made the point that petrol and Euro 6 emission RECOMMENDED VIDEO performance is converging and that the issue of CO2 emission reduction needs to be addressed by setting quantitative targets rather than by imposing technical solutions. He said that the modern diesel engine is the mass-market technology needed to meet the

European Union objective of lowering emissions to 95 g of CO2/km by 2020 in order to combat climate change.

Mr. Tavares also pointed out that the existing vehicle fleet needed to be upgraded in order to achieve far-reaching, long-term change. A single Euro 1 vehicle manufactured before "I am ecstatic," says O'Neill after Ireland beat... 1996 emits as much particulate matter as 600 modern Euro 5/6 diesel vehicles made after 2010 and equipped with a particulate filter.

Lastly, Mr. Tavares mentioned that road transport as a whole accounts for 17% of fine particle emissions (less than 2.5 microns or PM2.5) nationwide, and that regulatory requirements under each new set of European standards combined with technological improvements to diesel engines have helped to address the issue of pollutant emissions.

At the same time, he re-emphasized PSA's commitment to continuously developing Investors weigh up huge Deutsche loss technological solutions that will make cars instruments of sustainable mobility. "The is a precious asset because it provides freedom and mobility, which are the very essence of a

1 of 3 09/10/2015 16:44 Carlos Tavares Presents PSA Peugeot Citroen's Strategy at the... http://uk.reuters.com/article/2015/04/15/psa-peugeot-citron-...

modern, open and adaptable society," he said. "In this regard, the car is a true product of civilization."

About PSA Peugeot Citroën With its three world-renowned brands, Peugeot, Citroën and DS, PSA Peugeot Citroën sold 3 million vehicles worldwide in 2014. The second largest carmaker in Europe, PSA Peugeot Citroën recorded sales and revenue of €54 billion in 2014. The Group confirms its

position of European leader in terms of CO2 emissions, with an average of 110.3 grams of

CO2/km in 2014. PSA Peugeot Citroën has sales operations in 160 countries. It is also involved in financing activities (Banque PSA Finance) and automotive equipment (). For more information, please visit www.psa-peugeot-citroen.com

Communications Division – 75 avenue de la Grande-Armée – 75116 Paris, France Watch your top stories +33 1 40 66 42 00 – psa-peugeot-citroen.com – @PSA_news US officials: Russia missiles crashed in

ALSO Surprise group win Nobel Pe… PSA Peugeot Citroën

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