PSA and Mitsubishi announce joint plant in Russia
Filed under: Diesel, Manufacturing/Plants, Mitsubishi, PSA, Citroen, Peugeot
PSA and Mitsubishi have officially laid the first foundation stone of their €470 million joint plant in Russia, located in Kaluga, 180km south-west of Moscow. The plant, which is being built on a 200 ha plot, is expected to produce 160,000 vehicles per year from 2011. Which models? Basically, Peugeot and Citroën C-Segment cars (current models are the the 308 and the C4) but also a compact SUV/crossover which will be sold under the Peugeot, Citroën and Mitsubishi brands (currently named 4007, C-Crosser and Outlander, respectively). The cars are intended for the Russian market and not scheduled for export. PSA builds some of the most advanced diesel powertrains available, named HDI, which are also installed in Minis and Fords. Russia is also one of the main energy suppliers to the EU. Mitsubishi's full press release after the jump.
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