PSA Seeks to Revive China Fortunes With SUV Factory in Chengdu

  • Plant can produce 300,000 Peugeot, Citroen and Fengshen a year
  • PSA changed regional, joint venture heads to boost performance

PSA Group, caught in a slump in China sales despite an expanding market, will inaugurate a seventh factory in the world’s biggest car market this week focused on producing sport utility and multipurpose vehicles for its Peugeot and Citroen brands.

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