About PSA Group

With its three world-renowned brands, Peugeot, Citroën and DS, Groupe PSA sold almost 3 million vehicles worldwide in 2015. As the second largest carmaker in Europe, the PSA Group recorded sales and revenue of €54.7 billion in 2015. The PSA Group confirms its position of European leader in terms of CO2 emissions. PSA Group has sales operations in 160 countries. It is also involved in financing activities and automotive equipment.

Who is PSA Group ?

With its three world-renowned brands, Peugeot, Citroën and DS, Groupe PSA sold more than 2.9 million vehicles worldwide in 2015. It is the second largest vehicle manufacturer in Europe with sales operations in 160 countries and the European leader in terms of CO2 emissions, with an average of just 104.4 g/km in 2015.

 

Leader on a number of ground breaking technologies and first generalist constructor to widen access to these technologies, the PSA Group is committed to developing innovative and environment friendly solutions for car travel. Prescriber of sustainable mobility, the group contributes to shaping the car of the future.

 

Open Innovation Approach

To remain at the forefront in producing and proposing tomorrow’s products and services and to broaden its opportunities, the PSA Group has embarked on an Open Innovation approach that aims at helping the Group to take three key success factors into account:

  • have access to the best knowledge (scientific, technological, use, etc.)

  • contribute to balancing the economic equation of R&D by sharing costs and risks with its partners or by enhancing the value of its expertise and technologies outside the company

  • increase the Group’s agility and market a greater number of innovative solutions.

This strategy of openness aims at building and managing relationships driven by shared value creation with stakeholders from four ecosystems:

  • Academic: be at the cutting edge of scientific knowledge and quickly detect new opportunities thanks to the actions of the StelLab

  • Institutions: develop a network of innovative partners in automotive and non-automotive industry through competitiveness clusters, etc.

  • Companies: work better with SMEs, VSEs and start-ups in order to increase the Group’s agility and to give it a head start

  • People: make people, customers or future customers an even more vital component of innovation processes.

The R&D collaboration with multiple partners and the participative innovation are the two pillars of the Open Innovation approach that allows the Group to increase its innovative capability.

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