According to a news release, PSA Peugeot Citroën and Mitsubishi Motors Corporation will set up a joint venture in Russia. The JV will produce vehicles for 3 brands, namely, Peugeot, Citroën and Mitsubishi in aassembly plant which will be located in Kaluga, 180 kmd South-West of Moscow.
The plant will have a capacity of 160,000 vehicles and the the foundation stone of this future plant will be laid on June 10th 2008. Production is planned to start in 2011.
This JV follows the sucessful launch of the an SUV - the Peugeot 4007, which was jointly launched in 2007, for the European market. Read Paul Tan's post about the Peugeot 4007 here.
Subscribe to:
Post Comments (Atom)
Popular Posts
-
The Tata Indica Vista EVX was developed at the Tata Motors European Technical Centre (TMETC) based at Warwick University by a 230-strong tea... -
Most of us know of Hertz as a reputed car rental company. However, not many are aware that Hertz also sells exceptional used cars as well. ... -
Wrote this much earlier but forgot to post it up. At the A1 Grand Prix series (the eighth round ) in Sentul, Indonesia, on the 12 of this mo...
-
This story is a bit old but I decided to put it up anyway. Mazda Motor Corporation launched the World premiere of the new European spec Maz... -
I know that Jay Leno is the host of NBC television's long-running talk show " The Tonight Show ". However, I didn't know t...
-
According to the Malaysian Automotive Association's (MAA) annual report, auto sales in Malaysia were down 11% in 2006 from the previous ...
-
Electric cars do not have an internal combustion engine - which is great for the environment. However, this means that they are amazingly s...
-
Just last month, Tata the new owners of Jaguar and Land Rover announced that 850 workers could lose their jobs . This was following a meetin...
-
Lord Bhattacharyya , who founded the Warwick Manufacturing Group at the University of Warwick says “How often do two such icons come up for ...
-
A batch of MG Rover cars left the Longbridge plant in Birmingham today - the first time since April 2005 when MG Rover was taken over by Nan...
No comments:
Post a Comment