The location of a factory in Kaluga who also produce a brand new Mitsubishi and will be held in September. This year, the plant capacity is expected to reach 25,000 units with a maximum capacity of 100,000 units per year.
Of the two manufacturers, the total investment that has been implanted in Kaluga reached U.S. $ 641 million. PSA Peugeot Citroen to donate 70 percent of investment of around U.S. $ 450 million, while the Mitsubishi U.S. $ 191 million.
“We are very ambitious in Russia. We have to boost sales and increase our presence. Russia is the main market for us,” said Director of Peugeot Russia Francois Poirier.