Brazil: PSA announces €530m investment

PSA Peugeot Citroen’s chairman Philippe Varin has outlined plans to invest €530m (US$708m) in Brazil over the next two years. The project announcement took place at a ceremony attended by Sergio Cabral, Governor of Rio de Janeiro State, where PSA’s production plant is located. The money will go towards developing new Subscribe to Automotive World … Continued

• By Webmaster
• March 25, 2010