Peugeot's Domestic Revamp Begins in Mulhouse

Newswire

By Gilles Guillaume and Laurence Frost PARIS, June 12 (Reuters) - PSA Peugeot Citroen said on Thursday it would invest 300 million euros ($408 million) to revamp and shrink its Mulhouse plant in eastern France, as the French carmaker begins work on a recovery plan under new Chief Executive Carlos Tavares. The company briefed unions on the introduction of two new large Peugeot cars and a compact model - most likely for its premium DS brand - as it downsizes the second-biggest domestic plant ...

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