Thursday, February 20, 2014

Kaluga factory Peugeot-Mitsubishi can download "Chinese"

Joint venture Peugeot-Citroen and Mitsubishi Motors, which has a plant in Kaluga, can begin to produce Chinese cars. Kaluga Region Governor Anatoly Artamonov did not rule out the emergence of a new partner in this alliance.


“They (the alliance Peugeot-Citroen), most likely, will cooperate with Chinese partners. Not rule out that part of the equity sell. Quite possible that the plant will be collected, including, and Chinese models. Peugeot-Citroen plant by capacity almost the same as that of Volkswagen, but produces several times smaller cars. Sorry underutilize these areas. This company may well produce 180,000 cars a year, “- said in an interview Artamonov ITAR-TASS . At the same time last year the plant produced just 45,000 cars.


Meanwhile, PSA Peugeot-Citroen is actively preparing a deal with the Chinese manufacturer Dongfeng Motor Corp. The company intends to acquire about 15% of the shares of the French alliance. A corresponding agreement has been reached at the board level of PSA and the French government, and it is expected that the transaction will be concluded in the near future.


Currently Kaluga plant “PSMA Rus”, which since 2010, produces four models of all three brands by CKD assembly.



Kaluga factory Peugeot-Mitsubishi can download "Chinese"

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