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PSA, Mitsubishi Trim Production in Russia
PSA Peugeot Citroen and Mitsubishi Motors are the latest carmakers to suspend production in Russia in response to the country's sagging economy and shrinking car market.
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PSA Peugeot Citroen and Mitsubishi Motors are the latest carmakers to suspend production in Russia in response to the country's sagging economy and shrinking car market.
Both companies share a kit assembly plant in Kaluga. PSA tells Automotive News Europe the two-week shutdown, which begins today, was revealed to employees in December.
The three-year-old Kaluga plant makes Citroen C4 and Peugeot 408 cars and Mitsubishi Outlander and Pajero Sport SUVs.
The facility has capacity to assemble 125,000 vehicles per year. Last year Mitsubishi's sales in Russia rose 2% to 80,100 units, but PSA's volume fell 34% to 41,200 units, according to the Moscow-based Assn. of European Businesses. January sales in the country plunged 75% for PSA and 36% for Mitsubishi.
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