Plants & Production

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  • Newswire

    Peugeot, Mitsubishi to suspend production at Russia plant  

    MOSCOW, March 27 (Reuters) - PCMA Rus, a Russian venture owned by France's PSA Peugeot Citroen and Mitsubishi Motors Corporation, will temporarily suspend production of Peugeot, Citroen and Mitsubishi models, it said on Friday. The venture, which has a plant in Kaluga south of Moscow, said it would also cut 100 jobs. After several years of growth in excess of 10 percent, car sales in Russia dropped in 2014 as the economy weakened, battered by Western sanctions over the Ukraine crisis and sliding oil prices....More
  • Newswire

    Rupiah Down, Japan's Interest in Indonesia Production Up  

    With the weakening rupiah depressing imports, Japanese automakers instead are investing in local production in what has become Southeast Asia's biggest car market....More
  • Newswire

    Hyundai Growth Target Ahead of U.S. Industrywide Rate  

    The Korean automaker looks to increase sales 4.7% this year, helped by the launch of its updated Tucson SUV, compared with the industrywide projection of 2%....More
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