VIENNA – Toyota Motor Corp. and PSA Peugeot Citroen officially cut the ribbon on their new joint venture plant, Toyota Peugeot Citroen Automobile Czech s.r.o. (TPCA), in Kolin, Czech Republic. Serial production of the Toyota Aygo, Peugeot 107 and Citroen C1 small cars was launched at the end of February, and output so far totals 11,000 cars. About €1.3 billion ($1.6 billion) was invested in the facility and development of the vehicles, about €200 million ($244 million) less than ...
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