Toyota/Peugeot JV starts production at Czech plant

Newswire

PRAGUE, Feb 28 (Reuters) - The first vehicles produced by a joint venture of PSA Peugeot Citroen and Toyota Motor Corp rolled off the production lines on Monday, with the new Czech plant seen reaching full capacity early next year. The plant, located in the town of Kolin, about 60 km (37.28 miles) east of the Czech capital, is expected to produce 300,000 small passenger vehicles a year once the 1.3 billion euro line reaches capacity, the firm said. Of the total number of units produced, ...

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