SAO PAULO — PSA Peugeot Citroen, which has a toe hold in the Brazilian car market with a mere 2.2% market share here, is considering building an engine assembly plant in the country. The announcement was made by Jean-Martin Folz, Peugeot group's chief executive, at last month's inauguration of a new US$600 million auto assembly plant in Porto Real, Rio de Janeiro state. Europe's No.2 automaker plans to build the 206 subcompact and the Citroen Xsara Picasso, which it will launch in May at ...
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