New PSA initiative in China
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  1. #1
    1000+ Posts gerry freed's Avatar
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    Default New PSA initiative in China

    Dongfeng Peugeot CitroŽn Automobile (DPCA), the PSA j/v in China has announced this week their intention to build a 4th factory in China, in Sechuan province. It will make another 350,000 vehicle per year from 2016, specialising in small 4wd SUV and MPVs.
    They have reached the point where China is PSAs biggest market and manufacturing base, overtaking the French production of 900,000 vehicles per annum. The PSA shareholders have reacted positively.

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  2. #2
    1000+ Posts gerry freed's Avatar
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    The Chinese market grew 12% in the first six months this year (that may be why it attracts much more attention than Australia) but PSA Dongfeng sales grew at 25%, about twice as fast. The 408, designed in China and the 2008 are the main contributors.
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