Today 09/26/2016 - 05:35:18 PM
Peugeot SA 13.225€
CAC 40 4,407.85 PTS
PSA Peugeot Citroën has agreed with its partner Mitsubishi Motors Corporation (MMC) to transfer the production of the Peugeot 4007 and Citroen C-Crosser to Europe.
Currently assembled in the MMC Japanese Mizushima factory, vehicles for the European market will, from January 2009, be manufactured in the Dutch "Ned Car" factory which is wholly owned by MMC.
The decision to locate production in Europe will thus enable PSA Peugeot Citroën to respond more quickly to changes in European SUV demand. This market segment remains one of the most dynamic in Europe.
The Peugeot 4007 and Citroën C-Crosser, the group’s first SUVs, were launched in Europe in the 3rd quarter of 2007.