PARIS – PSA Peugeot Citroen is trying to lower the cost of future cars, even as it expects material and energy costs to keep rising. The only solution, says purchasing director Jean-Philippe Collin in a meeting with French journalists, is to form ever-closer relationships with suppliers, who provide 75% of the parts in Peugeot and Citroen cars. “We want to work with the best suppliers in the industry,” says Collin. “We are not far from the supplier list that we need.” PSA currently has ...

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