Cash Advance

Cash Advance

It is something that represents also for the future, a big opportunity to improve and it is fair to say that we are now in the middle of this challenging period. We have a new agreement online loans Changan with the CAPSA GV where we have addressed the major weaknesses in terms of business model legacy in China and we are now addressing those weaknesses through this reinforced partnership, of course each one in the company needs to deliver on its commitments.


We are now changing a significant number online loans things in terms of organization, introducing new talent, and new ways of doing business in our DPCA Online loans with our partner Dongfeng and one of our shareholders as you know well. So, this is for us, at the same time a headache, but also a big opportunity for improvement in the future and many of our executive committee members are now engaged in supporting the operations for this turnaround in China.


If we moved to Eurasia, online loans few years ago we committed to you that we would be breakeven in Eurasia, including Russia by 2017. This is exactly what we are delivering this year, it is visible on the first half as we started to make money in Eurasia even if it is small money, but we are making money. Volumes are up, share is flat and we are now preparing to introduce new products that we decided to invest during the turnaround, most of them are based on LCV, but we are also introducing new products like the Peugeot 3008, which is a very successful car wherever we introduce it in the world and this is something that has now started in Russia and Ukraine.


But I would like also to highlight the fact that we faced some successes mainly in Ukraine with the market share up from 3. So, breakeven will be delivered this year as committed. Middle East and Africa is rather a success story. You see that the share is jumping from 3. I would like to highlight also the fact that to our market share in payday loans Turkey has moved up by 1. This is what we have now in our Iranian order book. Of course now the challenge is to deliver in terms of manufacturing.


This pickup has been revealed in June 2017 in Tunisia and it will bring back as a first step our Peugeot brands to the African market with a pickup, which is as you know an important product for this kind of markets.


We have some success in Japan growing sales and growing profit, which demonstrates that our products are well accepted in this very demanding markets. It is something that we consider as a payday loans demonstration of our ability to adapt to very different markets. We are also launching the 3008 Peugeot in Korea, which is being very well received and we started to prepare the sales of Peugeot in Nepal and Bangladesh also for this year.


Not forgetting that the C3 will be launched, the Citroen C3 in October in Australia, New Zealand and Japan. So, as you see, we are also moving up in this region. We consider that despite the fact that the volumes are still small, demonstrating our ability to make our customers happy in this region is somewhere the demonstration that we can be a global carmaker and a global successful carmaker.


I would like to make a specific deep dive on the LCV business, very profitable and very promising. What we can see is that in Europe we have reinforced our leadership in terms of LCV for the PSA Group.



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