UPDATE 1-Peugeot to decide soon on third China plant - CEO

Newswire

By Fang Yan SHANGHAI, Oct 29 (Reuters) - PSA Peugeot Citroen will soon make a decision on whether to build its third car plant in China, its global head said, as the French carmaker moves to double its market share in the world's second largest auto market by 2015. Peugeot, Europe's number two auto maker by volume, is doubling capacity at its central China plant to 300,000 vehicles a year by 2008, and building a second facility to add capacity of 150,000 units per year. "We are working ...

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