23:21 GMT +3 hours26 November 2014
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Peugeot-Citroen-Mitsubishi to launch car plant in Russia

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The car alliance Peugeot-Citroen-Mitsubishi will open a car plant in Kaluga region on April 23, an announcement published on Friday said.

The car alliance Peugeot-Citroen-Mitsubishi will open a car plant in Kaluga region on April 23, an announcement published on Friday said.

The new assembly line has been working under a test regime since the beginning of March and the first car, a Peugeot 308, was produced on March 9. The plant will make mid-sized cars under the Peugeot, Citroen, and Mitsubishi brands, which will be sold on the Russian market.

The director of Russian Citroen said launching a new assembly line in Kaluga region is part of the company's strategy for becoming a global market leader.

He said Peugeot 308 fits all the requirements of the Russian scrap car disposal scheme, which Peugeot has applied to be part of.

 

MOSCOW, March 26 (RIA Novosti)