PSA’s Larry Dominique on car-sharing, Peugeot’s U.S. return (Episode 17)
Shift: A podcast about mobility
Automotive News
4.6 • 37 Ratings
🗓️ 28 October 2019
⏱️ 36 minutes
🧾️ Download transcript
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| 0:00.0 | Shift is brought to you by Henkel. Founded in 1876, Henkel operates globally in three business |
| 0:07.4 | units including adhesive technologies, laundry and home care, and beauty care. Within adhesive technologies |
| 0:14.2 | Henkel provides chemistry solutions for a range of industries |
| 0:17.3 | including automotive manufacturing with technologies that benefit the |
| 0:20.8 | entire value chain. Learn more at |
| 0:23.0 | W. W. |
| 0:25.0 | Hanckel-Dash Adhesives. |
| 0:26.0 | dot com slash e-mobility. Hey everyone. Welcome to Shift, a podcast about mobility. I'm Pete Vigolo, reporter at the Automotive News. |
| 0:44.0 | Hi and I'm Leslie Allen. I am the mobility editor for Automotive News and I also |
| 0:49.0 | edit Shift the magazine. And on today's show we have one of the most high profile executives in the auto industry, |
| 0:56.8 | none other than Larry Dominique. Larry is the chairman and CEO of PSA North America and many of you may be familiar with Larry from his roles at Nissan, North America, |
| 1:08.6 | and also at Trucarr where he was the president of its automotive lease guide division. |
| 1:13.9 | So we're going to have a really great conversation |
| 1:16.2 | with him talking about some of the ways that PSA |
| 1:19.7 | is planning to make its return to the US. That started last year with the introduction of a car sharing service in Washington, D.C. |
| 1:28.0 | called Free to Move, which is their mobility brand that's already active in Europe, but Washington DC is really their first |
| 1:35.8 | foray into the United States right now with bigger plans to come for PSA. |
| 1:41.3 | Now this is a pretty interesting time to be coming into the US with a car sharing operation. I mean I think we're going to talk later on in the show about some of the headwinds that the industry is seeing. |
| 1:53.2 | That's right. |
| 1:54.2 | I think across the mobility spectrum right now you look at the losses that |
| 1:59.6 | scooter companies are suffering, the hundreds of millions that Uber and Lyft lose every |
| 2:04.0 | quarter and then in car sharing in particular we've seen car to go pull back its |
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