Constellium supplies Groupe PSA with aluminium Auto Body Sheet and Crash Management Systems for commercial and passenger cars
Amsterdam, May 21, 2019 - Constellium N.V. (NYSE:CSTM) announced today that it is the supplier of aluminium Auto Body Sheet for the hood of Groupe PSA’s New PEUGEOT Partner and New Citroën Berlingo Van, International Vans of the Year 2019, as well as for the new Berlingo (awarded “best buy Car of Europe 2019” by AutoBest) and the New PEUGEOT Rifter.
While Groupe PSA frequently uses aluminium in passenger cars, this is the first time it is using aluminium Auto Body Sheet for its light commercial vehicles. This marks an important step in the development of Constellium’s close, long-term collaboration with Groupe PSA which covers a comprehensive range of vehicles from compact city cars to commercial vans.
Constellium provides Surfalex® for the outer hood panels, a material developed to meet stringent requirements for high surface quality with specific hemming and roping properties. For the inner hood, Constellium delivers a material solution with superior formability and mechanical resistance that enables efficient processing of complex geometries on the customer’s equipment.
Constellium also supplies the front Crash Management System for this range of vans. Aluminium is the ideal material for these systems as it provides superior energy absorption to protect the passengers and vehicle in the event of a collision. The bumper beam and crash boxes are extruded components, allowing Constellium to design a product that is lighter, but also meets customer specifications for size, shape, package space and strength.
“We are proud of our more than 20-year collaboration with Groupe PSA. This new project is another step forward in our role to accompany Groupe PSA in its development, and to deliver the benefits of aluminium to its entire vehicle range,” said Dieter Hoell, Vice President, Global Automotive for the Packaging and Automotive Rolled Products business unit at Constellium.
Download the press release
Forward Looking Statement
Certain statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This press release may contain “forward-looking statements” with respect to our business, results of operations and financial condition, and our expectations or beliefs concerning future events and conditions. You can identify forward-looking statements because they contain words such as, but not limited to, “believes,” “expects,” “may,” “should,” “approximately,” “anticipates,” “estimates,” “intends,” “plans,” “targets,” likely,” “will,” “would,” “could” and similar expressions (or the negative of these terminologies or expressions). All forward-looking statements involve risks and uncertainties. Many risks and uncertainties are inherent in our industry and markets. Others are more specific to our business and operations. These risks and uncertainties include, but are not limited to, economic downturn, the loss of key customers, suppliers or other business relationships; disruption to business operations; the inability to meet customer quality requirements; delayed readiness for the North American Auto Body Sheet market, the capacity and effectiveness of our hedging policy activities, failure to retain key employees, and other risk factors set forth under the heading “Risk Factors” in our Annual Report on Form 20-F, and as described from time to time in subsequent reports filed with the U.S. Securities and Exchange Commission. The occurrence of the events described and the achievement of the expected results depend on many events, some or all of which are not predictable or within our control. Consequently, actual results may differ materially from the forward-looking statements contained in this press release. We undertake no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law.