PSA inaugurates its fifth assembly plant in China
- PSA group has so far four plants in China: three in JV with Dongfeng, and one in JV with Changan.
- The three plants in JV with Dongfeng are located in Wuhan(Hubei, Central China) and represent a production capacity of 750,000 vehicles a year (250,000 x 3). They produce Peugeot and Citroen for the Chinese market.
- The plant in JV with Changan is located in Shenzhen (Guangdong, Southern China) and represents a production capacity of 200,000 vehicles per year. This plant manufactures DS for Chinese market.
- In 2015, PSA sold in China 730,000 vehicles locally produced (407,000 Peugeot, Citroën 298 000, 25 000 DS).
The carmaker targets one million units in 2018.
The carmaker targets one million units in 2018.
- Consequently a fifth plant was needed and has been built. This plant, located in Chengdu (Sichuan, Central Western China), has just been inaugurated. It is fully dedicated to the production of SUVs (capacity: 250,000 units per year).
- Despite disappointing sales figures in the first half 2016 (-20% compared to the first 6 months of 2015), PSA maintains its objectives, counting on the introduction of new SUVs whose 4008 (derived from the new EU 3008).
- Sales of SUVs (total) of all brands grew + 45% in first half 2016 in a PC market rising by 9%. Chinese SUV market now represents nearly 40% of the entire Chinese market.
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