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Stock impact report

Groupe PSA Launches New Mobility Solutions in India to Support Citroën Offensive

PEUGEOT SA (PUGOY) 
Company Research Source: Business Wire
Three partnerships and on-going synergetic cooperation signed with major Indian Auto Finance playersTo provide retail finance and mobility solutions to customers & customized credit solutions to dealersThese operations will boost the Citroën offensive in 2020 jointly with the launch of flagship C5 Aircross SUV RUEIL-MALMAISON, France--(BUSINESS WIRE)--Regulatory News:Groupe PSA (Paris:UG) launches “Citroën Finance” and “Citroën Lease”, in partnership with- Axis Bank, India’s third largest private sector bank to offer retail finance and customized credit to Group dealers.- ALD Automotive a globally renowned automotive leasing and fleet management company to offer full leasing services to the final customersTo enhance customer reach and market coverage, Groupe PSA plans to sign standard cooperation agreements with other leading auto finance players in India. A first partnership was signed with Kotak Mahindra Prime Ltd (KMPL), a leading Non-Banking Finance CompanyThese partnerships wi Show less Read more
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