Peugeot Citroen to build cars in Russia
Published time: 27 Dec, 2007 13:15 Edited time: 27 Dec, 2007 16:15
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Peugeot Citroen has announced plans to build a car plant in Russia. The French auto maker has chosen the city of Kaluga, southwest of Moscow, for its first factory in the country.
Rivals in the family-car market, Volkswagen, already have a plant there.
The new complex will specialise in the production of mid-sized vehicles.
Peugeot Citroen also has plans to expand operations in Russia, where mid-range cars account for 60% of sales.
The factory is expected to be completed by 2010.
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