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PSA COUV page . page RA GB - PEUGEOT Presse

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JET FORCE<br />

Peugeot Motocycles grabbed all the media attention at the 2002 Munich Intermot Show<br />

with its new Jet Force scooter. The sports bike will be available with a supercharged 125cc<br />

engine, a first in its category and a worldwide exclusive from Peugeot Motocycles. It will<br />

also come in a 50cc version, with a new horizontal, two-stroke, fuel-injected engine, and<br />

in a naturally aspirated 125cc version. All models are compliant with future emissions<br />

standards.<br />

Jet Force’s architecture draws its inspiration from motorbikes, with a perimeter frame,<br />

centralized shock absorber, and strut suspension providing flawless road-handling. Its<br />

particularly exciting styling received the 2002 Motorcycle Design Association award in the<br />

scooter category.<br />

SOCIETE DE CONSTRUCTIONS MECANIQUES<br />

PANHARD & LEVASSOR (SCMPL)<br />

stood at €97 million at December 31,<br />

2002, up 20% on the previous year.<br />

SCMPL designs and builds wheeled<br />

armored vehicles. In 2002, sales rose 7%<br />

to €64.7 million, while operating margin<br />

amounted to €1.5 million. The year was<br />

shaped by sustained delivery of VBL light<br />

armored vehicles to the French Army and<br />

various export customers, notably Greece,<br />

as well as by continued production of<br />

diesel powertrains for retrofit on French<br />

Army ERC Sagaie armored reconnaissance<br />

vehicles and the start-up of a VBL rebuilding<br />

program for the French Army.<br />

The award of a new contract from the<br />

French Army for 500 VBLs (of which 202<br />

under a firm order) has enhanced the<br />

company’s medium-term outlook. Backlog<br />

Supported by these favorable medium-term<br />

prospects in France and in export markets,<br />

SCMPL also strengthened its strategy of<br />

developing new products. At the Eurosatory<br />

trade show, it presented the first prototypes<br />

of two new armored vehicles that are<br />

expected to secure its long-term future.<br />

PROCESS CONCEPTION INGENIERIE (PCI)<br />

PCI designs and manufactures industrial<br />

equipment for four industrial processes:<br />

assembly, stamping, body-in-white and<br />

machining. Sales totaled €395 million in<br />

2002, while order intake amounted to<br />

€374 million at December 31, up 8% from<br />

the year before.<br />

58<br />

<strong>PSA</strong> <strong>PEUGEOT</strong> CITROËN - MANAGING BOARD REPORT

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