Mexican Media Brands
PSA May Build Assembly Plant with GM in Brazil
General Motors Co. and equity partner PSA Peugeot Citroen will decide by the end of May whether to erect a €1 billion assembly plant in Brazil, Veja reports.
Share
General Motors Co. and equity partner PSA Peugeot Citroen will decide by the end of May whether to erect a €1 billion assembly plant in Brazil, Veja reports.
The Sao Paulo-based news magazine, which cites no sources, says the factory would be located in Rio de Janeiro or Minas Gerais.
GM and PSA formed their partnership in February to share technology, product development, and production worldwide. Their 10-member steering committee held its first formal planning meetings in Detroit two weeks ago.
RELATED CONTENT
-
When Automated Production Turning is the Low-Cost Option
For the right parts, or families of parts, an automated CNC turning cell is simply the least expensive way to produce high-quality parts. Here’s why.
-
Plastics: The Tortoise and the Hare
Plastic may not be in the news as much as some automotive materials these days, but its gram-by-gram assimilation could accelerate dramatically.
-
On Zeekr, the Price of EVs, and Lighting Design
About Zeekr, failure, the price of EVs, lighting design, and the exceedingly attractive Karma
