Production at Czech Toyota-Peugeot Assembly Plant Facing Cuts

Newswire

PRAGUE, Oct 23 (Reuters) - Production at TPCA, the Czech car assembly plant jointly owned by Toyota Motor Corp and PSA Peugeot Citroen, is likely to drop to around 200,000 vehicles this year from 215,000 in 2012, a company spokesman said on Wednesday. While the Czech Republic's other two car plants have been increasing output or running at full capacity in recent months, TPCA, with its portfolio of small cars, is suffering more from poor European sales. "Currently we are ...

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