The chiefs at PSA Peugeot Citroen Mitsubishi Motors Corporation have signed a deal to produce Peugeot, Citroen and Mitsubishi vehicles in Russia.

This is in response to the growth of the Russian market, particularly of SUVs and mid-range vehicles which represent over 50% of sales in Russia.

The new assembly plant will produce mid-range SUVs for Mitsubishi, Peugeot and Citroen brands as well as medium size Peugeot and Citroen vehicles.

It will have a capacity of 160,000 vehicles per annum. Production is currently planned for start up in 2011.

Comments (0) »

Show/Hide comment form

Name

Email

Title

Comment

Write the displayed characters

Add Comment