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| Peugeot 908 HDi FAP - Team Peugeot Total |
This is surely a bad news for those who are big fans of the 24 Hours of Le Mans because PSA Peugeot-Citroen announces its withdrawal at the 24 Hours of Le Mans, effective now, because of the financial troubles. It's a shame that the European Debt Crisis really put a massive toll on the French carmaker that is famous for its 908 HDi FAP Le Mans Prototype that won the 2009 24 Hours of Le Mans against the Audi R10, following with another win with the 908 at the 2010 24 Hours of Le Mans.
PRESS RELEASE:
Peugeot brings down the curtain on its endurance programme so as to ensure the success of its numerous launches in 2012
After 14 victories in the last 16 races, including a double at the Le Mans 24 Hours 2009 as part of the ILMC championship won by Peugeot two years running, in 2010 and 2011, the Brand has decided to close its 2012 endurance programme and will not be taking part in the next Le Mans 24 Hours.
This decision has been taken against the backdrop of the challenging economic environment in Europe coupled with a particularly busy year for the Brand in terms of new vehicle launches. In this context, Peugeot prefers to concentrate its 2012 resources on its commercial performance and, in particular, ensuring the successful launches of the 208, 3008 HYbrid4, 508 RXH, 508 HYbrid4 and 4008 which will take forward the Brand's strategy of moving upmarket and extending its global presence. In keeping with its social responsibility obligations and as part of the GPEC (forward management of jobs and skills) agreement signed by 5 trade unions, all of the employees concerned will be offered redeployment solutions within the Group thanks to a special system set up to oversee and lead occupational training/retraining as well as internal mobility.
*Photo shown for illustrative purposes only
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