Peugeot building $143 mln R&D facility in China

Newswire

SHANGHAI, April 24 (Reuters) - PSA Peugeot Citroen said it is building a $143 million research and development facility in Shanghai to bolster its capabilities in the hotly contested market. The French car maker said it would invest a total of 1 billion yuan ($143 million) over the next three years in the facility, scheduled to start operation in September. The facility will also serve as a procurement base for the firm, it said in a statement. Peugeot is aiming to boost its profile in ...

Premium Content (PAID Subscription Required)

"Peugeot building $143 mln R&D facility in China" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×