# PSA Group awards component contracts worth €250M for Vigo SUV project

PSA Group has awarded component contracts to suppliers in the Vigo area for its V20 SUV project (Peugeot 2008), worth approximately €250 million in additional turnover for Galician suppliers. The project involves an investment of over €640 million by PSA and production is set to begin in 2020.

- Type: Contract
- Announced: 2018-02-08
- Where: Vigo, Spain, Spain
- Value: $307.0M (250.0M EUR)
- Status: announced
- Products: automotive components for SUV
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Gestamp](https://endata.com/companies/16876.md) (supplier)
- [PSA Group](https://endata.com/companies/19914.md) (customer)
- [Benteler](https://endata.com/companies/27592.md) (supplier)
- [Snop Estampación](https://endata.com/companies/29943.md) (supplier)
- [Faurecia Asientos de Galicia](https://endata.com/companies/29944.md) (supplier)
- [Plastic Omnium Componentes Exteriores](https://endata.com/companies/29945.md) (supplier)
- [TI Automotive](https://endata.com/companies/29946.md) (supplier)
- [Faurecia Automotive España](https://endata.com/companies/29947.md) (supplier)
- [Faurecia Escapes](https://endata.com/companies/29948.md) (supplier)
- [Plastic Omnium Auto Inergy Spain](https://endata.com/companies/29949.md) (supplier)
- [Maviva-Constellium](https://endata.com/companies/29950.md) (supplier)

## Sources

- [farodevigo.es](https://www.farodevigo.es/gran-vigo/2018/02/08/proveedores-vigueses-pedidos-todocamino-psa-16088229.html), 2018-02-08: "La adjudicación de componentes para el proyecto V20, el todocamino que la planta de Vigo del Grupo PSA lanzará en 2020, ha entrado en su recta final."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.