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 Fuel Cells, Battery Enclosures, and Lucid Air
A skateboard for fuel cells, building a better battery enclosure, what ADAS does, a big engine for boats, the curious case of lean production, what drivers think, and why Lucid is remarkable
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec
-
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.
