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Corporation
AUTOMOTIVE & TRANSPORTATION | Automobile Manufacturing
groupe-psa.com

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Investments

9

Portfolio Exits

2

Funds

1

Partners & Customers

10

About Groupe PSA

Groupe PSA (UG:EN Paris), aka PSA Peugeot Citroen, is a French manufacturer of automobiles and motorcycles sold under the Peugeot, Citroen, and DS Automobiles brands.On January 16th, 2021, Groupe PSA merged into Stellantis at a valuation of $50B.

Groupe PSA Headquarter Location

Rueil Management Centre 7, rue Henri Ste Claire Deville

Reuil-Malmaison, 92563,

France

+33 (0) 1 55 94 81 00

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Research containing Groupe PSA

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CB Insights Intelligence Analysts have mentioned Groupe PSA in 2 CB Insights research briefs, most recently on Dec 16, 2020.

Latest Groupe PSA News

Car sales pick up a bit of air in November, but they don’t save an absolutely disastrous 2021

Dec 2, 2021

December 2, 2021 The car sales breathe lightly in November, with a drop somewhat less than that experienced in October. In the just finished month they have been commercialized 66,399 cars compared to 59,044 in October, but it translates into a 12.3% decline compared to the same period in 2020. It is minimal rebound will not achieve much less that 2021 ends above the million cars sold and it is expected that the end of the year is around 855,000 units. So far in 2021 773,396 cars have been registered, which is 33% less compared to 2019, the last prepandemic year in which the 1.25 million cars sold were signed. And that year was no longer good even though it seems so now. Extend the registration tax downward The truth is that the market is still far from the 2019 figures: compared to November of that year, sales have fallen by 28.7%. The reasons, the already known ones: to the economic crisis derived from the pandemic, the microchip shortage, which continues to choke car production and delay deliveries. Therefore, the sector continues to demand measures to boost car sales in order to alleviate a debacle that has lasted almost two years. For example, what is freeze registration tax beyond December 31st. And it is that from January 1, cars will become more expensive since only those with 120 g / km of CO₂, or less, will be exempt as had happened until the reduction that has been applied since June, which sets the free section of the tax up to 143 g / km of CO₂. Thus, 2022 will begin with the semiconductor crisis still raging, and that derived from the pandemic, added to the fact that cars will go up in price, therefore auguring another year to the downside. “The amendments included in the General State Budgets for the automotive sector referred to very important fiscal issues to advance in the recovery of the market. Eliminating them from the final text represents a negative impact“, laments Noemi Navas, director of Communication of the employers’ association of manufacturers Anfac. Along the same lines are the criticisms of Tania Puche (Ganvam): “The government’s veto on the amendments against the increase in the Registration Tax aggravates the situation in the sector, making it even more difficult for the buyer who wants to buy a car from next January “. For his part, Raúl Morales, from the dealership association (Faconauto) positively values ​​the slight upturn in sales and the understanding of customers, who go to the dealers even knowing that it will take “longer than usual to receive their new vehicle” . However, he joins the reproaches as he points out that some 100,000 customers who have bought his car now will receive it in 2022 and will be affected by the tax increase registration. Therefore, they also join the request to extend it. The private market recovers a bit and the alternatives continue to rise For the first time in several months, the private channel is the one that falls the least: although it was -11.1% in November, that of companies (-12.4%) and, above all, that of rental companies (-22.9%), which said goodbye to its particular bonanza in this final stretch of the year. But this does not illuminate the decline in the private market: so far in 2021, a total of 330,823 cars have been sold to individuals, which are 11.9% less than those delivered in 2020 (375,495 units). It is true that it is still the best-selling channel of the three, but the gap is considerable when compared to the 586,317 models delivered in 2019. Regarding the market mix, the figures remain more or less stable after these eleven months of 2021: with cars alternatives gaining more and more ground to thermal, which in these first months stand at about 66% adding gasoline (45.9%) and diesel (19.8%). Those of diesel have been below 20% since June. On the other hand, those of alternative mechanics, which include electric, hybrids, plug-in hybrids, but also mild-hybrid and gas (Natural Gas and LPG), already dominate the 34,3 % of car sales. Of these, pure electric cars account for only 2.61% of car sales in Spain, with 20,183 units, very far from the hybrids (where microhybrids are also included) that represent a 25.15% share with 194,516 cars registered. And when it comes to segments, nothing new under the sun, the Compact SUV they continue with their reign, with 209,424 units sold between January and November, followed by urban SUVs (167,911) and utility vehicles (142,693). The Dacia Sandero shines in November In November the best-selling car was the utility Dacia Sandero, with 2,264 units sold, closely followed by the Hyundai Tucson with 2,105 and the Peugeot 2008 (1,996), which was the most registered in October. Be that as it may, in the accumulated of the year the SEAT Arona continues as the most commercialized and on the way to be crowned as the top seller of 2021, despite the fact that in the last quarter it is reaping more discreet numbers (in November it was tenth with 1,328 units). They are followed on the absolute podium precisely by the Hyundai Tucson, with 18,835 registered models, and the Dacia Sandero, with 18,252. Regarding brands, the most marketed in November was Peugeot (5,797), followed by Hyundai (5,725) and Toyota (5,439). But from January to November, SEAT continues to command (65,548), with Peugeot in second position (59,856) and Volkswagen occupying third place (57,106). In Motorpasión | China is at the center of tensions in world trade and this is how it has managed to prevail | How the payment per vignette works on highways and how much it will cost us to travel by car

Groupe PSA Investments

9 Investments

Groupe PSA has made 9 investments. Their latest investment was in FengChe China as part of their Series A on February 2, 2019.

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Groupe PSA Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/18/2019

Series A

FengChe China

Yes

4

11/28/2018

Corporate Minority

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$99M

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10

2/27/2017

Corporate Minority

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$99M

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10

2/22/2017

Series B

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$99M

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10

12/19/2016

Corporate Minority

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$99M

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10

Date

2/18/2019

11/28/2018

2/27/2017

2/22/2017

12/19/2016

Round

Series A

Corporate Minority

Corporate Minority

Series B

Corporate Minority

Company

FengChe China

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Amount

$99M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

4

10

10

10

10

Groupe PSA Portfolio Exits

2 Portfolio Exits

Groupe PSA has 2 portfolio exits. Their latest portfolio exit was Groupe PSA - Liechtenstein on July 25, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/25/2019

Divestiture

3

00/00/0000

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10

Date

7/25/2019

00/00/0000

Exit

Divestiture

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Companies

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Valuation

Acquirer

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Sources

3

10

Groupe PSA Acquisitions

17 Acquisitions

Groupe PSA acquired 17 companies. Their latest acquisition was BParts on July 23, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/23/2020

Seed VC

$0.89M

Corporate Majority

6

12/5/2019

Private Equity

$13.6M

Acquired

1

12/5/2019

Corporate Majority

$7.9M

Acquired

1

3/29/2019

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$99M

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10

2/7/2019

Series B

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$99M

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10

Date

7/23/2020

12/5/2019

12/5/2019

3/29/2019

2/7/2019

Investment Stage

Seed VC

Private Equity

Corporate Majority

Series B

Companies

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Valuation

Total Funding

$0.89M

$13.6M

$7.9M

$99M

$99M

Note

Corporate Majority

Acquired

Acquired

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Sources

6

1

1

10

10

Groupe PSA Fund History

1 Fund History

Groupe PSA has 1 fund, including Groupe PSA Automotive Mobility Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

7/5/2016

Groupe PSA Automotive Mobility Fund

$110.7M

1

Closing Date

7/5/2016

Fund

Groupe PSA Automotive Mobility Fund

Fund Type

Status

Amount

$110.7M

Sources

1

Groupe PSA Partners & Customers

10 Partners and customers

Groupe PSA has 10 strategic partners and customers. Groupe PSA recently partnered with Altran Technologies on December 12, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

12/17/2020

Partner

Altran Technologies

France

Altran and Groupe PSA collaborate to create: Citroën AMI

Altran , global leader in engineering and R&D services ; and part of the Capgemini Group , collaborated with Groupe PSA to create the Citroën AMI , its new mobility solution , a light electric vehicle designed to meet the environmental challenges .

2

12/1/2020

Vendor

Score & Secure Payment

France

1

9/29/2020

Distributor

GoMechanic

India

Groupe PSA : Announces the Launch of Eurorepar Product Line in India

Speaking on the partnership , Amit Bhasin - Cofounder - GoMechanic , said , `` We are delighted to partner with Groupe PSA to launch the Eurorepar brand in India .

4

9/3/2020

Partner

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10

6/10/2020

Vendor

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10

Date

12/17/2020

12/1/2020

9/29/2020

9/3/2020

6/10/2020

Type

Partner

Vendor

Distributor

Partner

Vendor

Business Partner

Altran Technologies

Score & Secure Payment

GoMechanic

Country

France

France

India

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News Snippet

Altran and Groupe PSA collaborate to create: Citroën AMI

Altran , global leader in engineering and R&D services ; and part of the Capgemini Group , collaborated with Groupe PSA to create the Citroën AMI , its new mobility solution , a light electric vehicle designed to meet the environmental challenges .

Groupe PSA : Announces the Launch of Eurorepar Product Line in India

Speaking on the partnership , Amit Bhasin - Cofounder - GoMechanic , said , `` We are delighted to partner with Groupe PSA to launch the Eurorepar brand in India .

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Sources

2

1

4

10

10

Groupe PSA Team

2 Team Members

Groupe PSA has 2 team members, including former President, Jean-Marc Gales.

Name

Work History

Title

Status

Jean-Marc Gales

President

Former

Patrick Labilloy

Senior Vice President

Former

Name

Jean-Marc Gales

Patrick Labilloy

Work History

Title

President

Senior Vice President

Status

Former

Former

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