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In China, the fourth Peugeot plant with the capacity of 300 thousand cars per year will be built
The French company Peugeot plans to build a plant in Chengdu, Sichuan province. This will be the fourth Peugeot plant in China, reports finmarket.ru with reference to INTERFAX. The joint venture partner PSAPeugeot Citroen is the Chinese company Dongfeng.
The launch of the plant is planned in 2016 year, it is expected that it will produce up to 300 thousand crossovers per year. The plant will be built in
According to businessweek.com, after the launch of the plant, Peugeot will produce at its Chinese factories up to 1 million cars, and by the year 2020 increase sales in China for 1,5 million cars per year.
Peugeot reported sales growth in China: 2013 thousand cars were sold in 517 (+ 26% by 2012 year). At 2014 year, sales are planned to increase to 650 thousand cars.