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Tuesday, May 20, 2008
TOKYO — Mitsubishi Motors Corp said Monday that it will start automobile production in Russia in 2011 jointly with French automaker PSA Peugeot Citroen. The two companies will build a new plant with an annual production capacity of 160,000 units in Kaluga, southwest of Moscow.
Mitsubishi will be producing automobiles in Russia for the first time ever. Peugeot Citroen will lead the joint manufacture of midsize sport-utility vehicles, which will be sold under the Mitsubishi, Peugeot and Citroen brands. The Outlander SUV, supplied by Mitsubishi Motors to Peugeot Citroen on an original equipment manufacturer basis, is seen as a leading candidate model for the joint production in Russia.
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