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PSA to establish manufacturing base in Morocco

PSA to establish manufacturing base in Morocco

In a bid to reduce its production running costs and shed its overwhelming reliance on Europe, PSA Peugeot Citroen, the second largest automaker on the Old Continent disclosed recently it would construct a 557-million-euro ($630 million) assembly facility in Morocco. The French carmaker was last year flirting with bankruptcy but […]

China: Ford ready to stop manufacturing expansion

China: Ford ready to stop manufacturing expansion

Ford, the second largest US automaker, has been a late comer to the Chinese auto market, the largest in the world, so they were in a hurry to launch a massive production increase offensive. The company has recently commissioned an all-new engine factory in the Jiangxi province, which marks the […]