Mexican Media Brands
PSA Plans Assembly Plant in Morocco
PSA Peugeot Citroen is preparing plans for a new plant in Morocco to make low-priced vehicles for the African market, sources tell Bloomberg News.
Share
PSA Peugeot Citroen is preparing plans for a new plant in Morocco to make low-priced vehicles for the African market, sources tell Bloomberg News.
They say PSA may announce the project in June. Initial annual capacity is expected to be less that 100,000 units.
PSA currently assembles Peugeot 301 small sedans in Nigeria with local partner PAN Nigeria Ltd. The Moroccan facility would be the French company's first wholly owned factory on the African continent.
Bloomberg notes that PSA sales in Africa and the Middle East fell 25% to 169,400 units in 2014. The region currently generates about 6% of the company's global sales.
RELATED CONTENT
-
On Automotive: An All Electric Edition
A look at electric vehicle-related developments, from new products to recycling old batteries.
-
Increasing Use of Structural Adhesives in Automotive
Can you glue a car together? Frank Billotto of DuPont Transportation & Industrial discusses the major role structural adhesives can play in vehicle assembly.
-
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.
