VIENNA – PSA Peugeot Citroen and Mitsubishi Motors Corp. officially inaugurate their Russian plant, OOO PCMA Rus in Kaluga, about 112 miles (180 km) southwest of Moscow. PCMA is 70% owned by PSA and 30% by Mitsubishi. “This opening illustrates the willingness of PSA Peugeot Citroen to establish a long-term presence in Russia, as well as its confidence in the growth potential of the Russian automobile market,” PSA Chairman Philippe Varin says in a prepared statement. The plant, which ...
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