PARIS – Mitsubishi Motors Corp. and PSA Peugeot Citroen are discussing production of low-cost small car for emerging markets, according to a report in the Nikkei newspaper in Japan. The discussions involve a small car priced at about $11,000, to be built in volumes reaching 400,000 to 500,000 per year. The small car, based on Mitsubishi minicar technologies and powered by gasoline engines displacing 1.0L-1.3L, presumably would be sold alongside the midsize car PSA will build in Vigo, ...

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