PSA 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: darkogao]
Friday, March 25, 2011 |
Daimler and Renault cooperation programme is expected to be released in April
Kenilworth (Xinhua Yin Wei) according to news agencies reports , Daimler and Reynolds negotiations had entered its final stage, this collaboration will involve small cross-shareholdings, the final scenario may be announced in April. This heralded Reynolds and Union Nissan may increase the third partner.
According to reports, Daimler and Renault respectively hold each other "token" for minority interest, cross-shareholding will not exceed 3%, just above the shareholding situation must expose a threshold. In fact, the two car manufacturers "and do not want marriage", but in view of the strategic partnership for progress, through symbolic stock to support this relationship more logical.
It is understood that bilateral cooperation will involve sharing small sedan platform, joint development of light trucks and electric vehicles general parts, etc. Due to the small scale of production and sales as well as the high cost, Daimler in small car business profitability has been poor, which makes their hopes for external cooperation to reduce the production costs of research and development of small cars.
[Edit: barrychen]
Friday, March 25, 2011 |