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Report – Peugeot aims for 1 million cars locally produced in China


According to people familiar with the situation, PSA Peugeot Citroen is aiming to produce 1m cars a year in China for Asian markets with local automaker Dongfeng, as part of their industrial partnership. Under current alliance proposals, Dongfeng and the French state will take a 14 % stake in Peugeot as part of an effort to raise €3 billion in capital. ...
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Toyota supplier boosts spending for new models
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New Nissan Terrano has a 2-month waiting list
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McLaren Expands Its Dealership Network in Asia
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