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Automotive Product Finder Magazine | Groupe PSA postpones new launches to Q1 2021 ahead of Covid-19

Groupe PSA postpones new launches to Q1 2021 ahead of Covid-19

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News  /   April

Groupe PSA, a French multinational manufacturer of automobiles and motorcycles, has announced measures it has taken to tackle and contain the spread of the Covid-19 across all its offices and plants to ensure safety and well-being of all employees. All the offices Chennai and plants Thiruvallur and Hosur in Tamil Nadu, are closed until further notice and in line with Government’s lockdown directive.

Work from home for all Groupe PSA employees in India has been enforced. Continuing to keep the health and safety of employees as its top priority, the Groupe PSA Indian leadership team is in constant touch with all stakeholders for any support they may require.

The company along with its dealers, agencies and vendors understands the challenges to business that this pandemic poses as the global business isolation impacts all multinational projects. While reiterating its commitment, given the current scenario where people at large are concerned about their personal well-being & health and automotive purchase is not a priority, Groupe PSA in close co-ordination with its new dealer partners has decided to re-time the launch of its debut vehicle the Citroën C5 Aircross SUV to Q1 2021, while ensuring industrial readiness. The re-timing is aimed to move the commercial launch to a potentially more positive economic activity period where consumer sentiments are upbeat.

At the same time, Groupe PSA has decided to maintain the project timeline & investment for the C-Cubed program, under which the first vehicle designed, developed and made in India would be launched in 2021 as announced in 2019 by Carlos Tavares, Chairman of the Managing Board, Groupe PSA.  Groupe PSA in India has reinforced to all employees and stakeholders the need to stay agile for business continuity post lifting of the government mandated lockdown.

Tags Cloud
  • Groupe PSA Postpones New Launches
  • Facilities Shut
  • Covid-19 Impact
  • Coronavirus Impacts Auto Sector
  • India Auto Industry
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