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PSA and Mitsubishi Russia venture factory started production of automotive





Super cars news integrated foreign reports, sign Citroen (PSA) Mitsubishi and automobile, a joint venture in Russia has officially announced the PCMA Rus, the company has started in Russia Kaluga factory production car.

The PCMA Rus, PSA accounted for 70% of the shares of Mitsubishi 30% shares, PSA and Mitsubishi's total investment 4.7 million euros (approximately $ 6.25 million).

Kaluga venture factory will initially be produced signs 308 models, later will produce Citroen C4, Citroen C-Crosser, mark 4007 and Mitsubishi Outlander models. The factory in 2012 will achieve full production operations, a 3-class work, annual capacity will reach 12.5 million units. Including, mark and Citroen's midsize car production will reach 8.5 million units; signs, Citroen and Mitsubishi's midsize SUV production will reach 4 million units.

Kaluga factory has two workshops, one is painting workshop, another is the Assembly shop. The factory employs up to 3000 people. PSA Board of Directors, Chairman and CEO of Philips ・ Varan (Philippe Varin) said: "we plant in Russia investment because we believe that Russia auto market has significant growth potential. In Russia to build factories will help us in the development of Russia. ”

Mitsubishi Chairman long nishigaoka Joe (Takashi Nishioka) commenting on the importance of Russia market, said: "Russia will continue to be an important market for Mitsubishi Motors. We hope to be able to Kaluga factory for Mitsubishi medium and long term business development in Russia, we hope that the Mitsubishi can Russia's automobile industry development. ”