Vehicle residual value database
About Groupe PSA
Groupe PSA is a French multinational manufacturer of automobiles and motorcycles sold under the Peugeot, Citroën, DS, Opel and Vauxhall brands. Peugeot is the largest PSA brand. PSA is listed on the Euronext Paris stock exchange and is a constituent of the CAC 40 index.
Problem Statement
Vehicle residual value database
Job
Access to a worlwide vehicle residual value data base shared with the team in each country
Calculate the residual value forecast over the next 5 years (including vintage, facelift and new product launch and weighted per Brand/models)"
Pains
Currently, xls fulfilled manually agregating the RV influencers' data base/ RV influencers websites (ex : Argus in France and GAT in Germany) by model (208, 308...)/ ICE type (gazoline, fuel, EV)/ brand (Peugeot, Citroen, DS, Opel) + competitor brand as reference (Peugeot reference, Citroen reference...) / country (7 countries in Europe)
Need to know exactly which model to take as a reference
As time consuming, updated only 2x/y
Costly as each database is to get paid"
Gains
Gain in resource (20 days + 7 countries X 3 days X 4 times / year = 104 days / year)
Reduce the cost to be paid to use the RV influencers data base
Extend the current 36 months / xx kkm to 48 months / 60 kkm
Extend the current 2x/y analysis to 4x/y
Accurate residual value forecast helping to lease the car at the proper subscription
Potential POC perimeter
POC for one brand
Eligibility
- Any startup registered in Kerala
- Startup should have unique id(KSUM) and DPIIT number(startup India) for applying towards the challenges.
