Peugeot begins plant construction SAO PAULO — Despite the economic downturn in Brazil, construction on Peugeot SA Citroen's new factory in the state of Rio is now underway. The Porto Real plant is scheduled to begin Peugeot 206 and Citroen Xsara Picasso minivan-styled cars by the end of 2000. The plant will have a capacity of about 100,000 vehicles. Peugeot's decision to begin building the plant is curious as local automakers currently are struggling to make their investments pay off in a ...
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