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PSA-Dongfeng Begin Construction of Fourth China Factory
Dongfeng Motor Group Co. and partner PSA Peugeot Citroen have broken ground in Chengdu for their fourth assembly plant in China.
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Dongfeng Motor Group Co. and partner PSA Peugeot Citroen have broken ground in Chengdu for their fourth assembly plant in China.
Dongfeng Motor general Manager Zhu Fushou tells attendees at the Global Automotive Forum in Wuhan that the new facility will target China's fast-growing high-end SUV market.
The 12.3 billion-yuan ($2 billion) factory is expected to begin operations in 2016 with annual capacity of 360,000 units.
Dongfeng Peugeot Citroen Automobile Co. Ltd. currently operates three plants in Wuhan with combined annual capacity of 600,000 vehicles.
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