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Citroen investment 7.8 billion expansion in Brazil and to launch new models





Super cars news, comprehensive foreign coverage France automobile manufacturers PSA Peugeot Citro?n (PSA) on March 25, announced, Peugeot Citroen 7.8 billion will be invested, used its Brazil plant expansion and development of new models.

Peugeot Citroen CEO Philip roiland (Philippe Varin) in a statement said: "with this investment, we will be in Brazil plant research and development of new models and new engine, and also will expand the production capacity of Brazil plant. ”

Philip Varan also said that Latin America and Brazil market the future development of the Peugeot-Citroen will play a key role, Peugeot-Citroen will this year in Brazil market launch two version of Hoggar models, buggy models and new models of a Citroen.

Peugeot Citroen in 2001 entered Brazil market, Brazil is now the fifth largest automotive manufacturing, occupy Brazil 5% market share. Peugeot-Citroen plan in 2010 its sales by 15 million units last year increased to 20 million units.

Currently, Peugeot-Citroen Brazil plant capacity of 70 million, mainly produce Peugeot 207, 207SW, 207Passion, Citroen C3 (Gallery Forum) and Sarah Picasso (Gallery Forum) (Xsara Picasso) models.

[Edit: meipeng]