PSA aims to hit capacity at China plant in 2 years

Newswire

PARIS, Nov 19 (Reuters) - French carmaker PSA Peugeot Citroen Chairman Jean-Martin Folz said on Wednesday the group aimed to reach full capacity at its Chinese plant in 18 to 24 months and aimed to keep growing amid booming car sales in the world's most populous nation. "Our aim is to reach capacity of 150,000 to 200,000 cars per year within 18 to 24 months," Folz told a news conference to mark the signing of an agreement with the University of Tsinghua in China. PSA is present in China ...

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