Groupe PSA achieved new profitability record in 2019

Assembly work at Groupe PSA’s Zaragoza factory

French automaker Goupe PSA has elevated its benefits by 13.2% reaching 2.3 billion €, making 2019 another record breaking year for the company in terms of benefit.

This is particularly good news for Aragón, home to one of the group’s biggest plants. PSA subsidiary OPEL/Vauxhall, which accounts for the biggest part of the production in Zaragoza and for 6.5% of PSA’s total sales, achieved an operating margin of 1.1 billion €.

The Zaragoza plant produced 470,000 vehicles in 2019, up another 5% from 2018.

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PSA press release