Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Peugeot    UG   FR0000121501

PEUGEOT (UG)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Peugeot : Opel Vauxhall Finance starts business in Spain; Opel Vauxhall Finance starts its business activities in Spain; Supported by Banque PSA Finance and BNP Paribas Personal Finance, OVF will offer competitive automotive finance products to Spanish customers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/05/2018 | 02:45pm CEST

Russelsheim. As of April 1, Opel Vauxhall Finance, the automotive finance organisation of Opel and Vauxhall, starts its business activities in Spain. Supported by its experienced partners and shareholders, Banque PSA Finance and BNP Paribas Personal Finance, OVF will offer competitive and innovative automotive finance products and mobility solutions to Spanish costumers and contribute to Opel's performance in the market.

The market entry in Spain was announced in February when OVF launched its Strategic Plan for profitable and sustainable growth. The organisation aims to finance every third Opel vehicle across Europe by 2020 and to expand its geographical footprint to 90 percent of Opel/Vauxhall's European markets in the long-term.

'Entering the Spanish market is an important milestone for us', said Alexandre Sorel, CEO of Opel Vauxhall Finance. 'As Opel's captive finance organisation we can substantially support Opel's growth plans in the country.'

Pascal Brasseur, Deputy CEO of Opel Vauxhall Finance said: 'Attractive finance solutions are an important strategic element to sustain and develop the Opel brand in Spain, and we are fully committed to meeting the mobility needs of our Spanish customers.'

Spain is a key market for Opel and one of the fastest-growing automotive markets in Europe. In 2017, new car registration increased by 7.7% compared to 2016. Opel has the fifth position in the Spanish sales ranking - with 6.59% of the market and 94,609 registered vehicles.

Going to market under the Opel Financial Services brand, OVF will offer its classic finance products at very competitive rates to Spanish customers as well as credit insurance, total loss solutions, and maintenance and guarantee programmes. In addition, the organisation introduces new services, e.g. the FlexiOpel Plan, which is a balloon product and the flagship of the Spanish entity.

(C) 2018 Electronic News Publishing, source ENP Newswire

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PEUGEOT
07/17Western Europe car sales up 5.1 percent in June - ACEA
RE
07/15PEUGEOT : German transport ministry confirms official hearing on Opel emissions
RE
07/12PEUGEOT : French carmaker PSA posts sales gain despite Iran withdrawal
RE
07/06Ford slides deeper into China rut after worst ever first half vehicle sales
RE
07/06Ford slides deeper into China rut after worst ever H1 vehicle sales
RE
07/06PEUGEOT : Opel and employees agree on German investments and job protections
RE
07/05European Car Shares Rise on Report on 'Zero Solution' in Tariff Row
DJ
07/05Carmaker Opel to face labour resistance to R&D division sale
RE
07/05UK new car sales drop 3.5 percent in April - industry data
RE
07/04VW to launch carsharing with electric vehicles in 2019
RE
More news
News from SeekingAlpha
07/19European auto sector shows strength in June 
06/26Auto tariff would mean $45B in higher costs for U.S. consumers, group says 
06/15Gainers and decliners in Europe auto market 
05/24China warns U.S. on auto import probe 
05/23WSJ : Trump considering tariffs on new imported autos up to 25% 
Financials (€)
Sales 2018 75 918 M
EBIT 2018 3 997 M
Net income 2018 2 473 M
Finance 2018 6 938 M
Yield 2018 3,18%
P/E ratio 2018 7,69
P/E ratio 2019 6,66
EV / Sales 2018 0,16x
EV / Sales 2019 0,15x
Capitalization 19 164 M
Chart PEUGEOT
Duration : Period :
Peugeot Technical Analysis Chart | UG | FR0000121501 | 4-Traders
Technical analysis trends PEUGEOT
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Average target price 22,4 €
Spread / Average Target 8,5%
EPS Revisions
Managers
NameTitle
Carlos Tavares Chairman-Management Board
Louis René Fernand-Gallois Chairman-Supervisory Board
Jean-Baptiste Chasseloup de Chatillon Chief Financial Officer & EVP-Information Systems
Henri Philippe Reichstul Member-Supervisory Board
Marie-Hélène Peugeot-Roncoroni Vice Chairman-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
PEUGEOT21.91%22 457
TOYOTA MOTOR CORP1.92%216 605
VOLKSWAGEN-13.09%85 529
DAIMLER-19.12%72 713
BAYERISCHE MOTOREN WERKE-8.70%61 251
GENERAL MOTORS CORPORATION-3.88%56 186