Peugoet Citroen to invest 1 bln euros in Vigo site

Newswire

PARIS, May 25 (Reuters)--PSA Peugeot Citroen will invest around 1 billion euros over the next five years in its Vigo car plant in Spain to produce cars headed for emerging countries, the company said on Tuesday. The French carmaker said that the plant will produce automobiles under both the Citroen and Peugeot name. Located in northwestern Spain, Vigo manufactured some 384,900 cars in 2009, including the Berlingo-Partners and the C4 Picasso and Xsara Picasso models. A spokesman for ...

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