PSMA Rus is on the search for Russian suppliers due to the depreciation of the ruble

PSMA Rus is on the search for Russian suppliers due to the depreciation of the ruble

Vedomosti – Kaluga based PSMA Rus car factory is on the search for Russian suppliers, due to the depreciation of the ruble. The general director of PSMA Rus: Jean-Christophe Marshal has said the following at the Avtoevolutsiya Forum 2014:

“Currently we are very dependent on the exchange rates. The purchase of components in euros and their transportation from Europe have negative effects on our business. Therefore, we are planning to increase the amount of components we obtain in Russia by 10%, until the end of 2015.”

Vedomosti newspaper has reminded the complaints made by general director Marshal during the same Forum previous year, about the factory’s failure to come to an agreement with any Russian suppliers. Marshal had then drawn attention to the fact that all suppliers of PSMA Rus were global manufacturers, who had factories in Russia. The localisation rate of the factory was 34%, as of October 2013. The company had declared their aim as 60%.

Jean-Christophe Marshal states that buying Russian components will give the opportunity to cut the costs and reduce the logistic expenses. Besides looking for tier 1, 2 and 3 suppliers, the manufacturer intends to localise the procurement of raw materials:

“We won’t ask for an additional certificate, in case you are a supplier, currently working with Russian car manufacturers. We are ready to do whatever we can, in order to simplify the certification process. Quality and competitiveness are the most important criteria for us.”

Marshal has added that the company is also ready for cooperation with companies operating in the other member states of the Customs Union: Belarus and Kazakhstan, alongside Russia.

Kaluga based PSA Peugeot Citroen and Mitsubishi factory (PSMA Rus) manufactures Peugeot 408, Citroen C4, Mitsubishi Outlander and Pajero Sport. The factory has an annual production capacity of 125,000 automobiles.

Tags: Kaluga, PSA, PSMA, psma rus