Dongfeng Peugeot Citroen to Build 3rd Plant

　　In news conference, PSA Peugeot Citroen announced that PSA and its partner Dongfeng Automobile would embrace the 18th anniversary of their joint venture-Dongfeng Peugeot Citroen Automobile. Frankly, both PSA and Dongfeng are dissatisfied with the current market share held by Dongfeng Peugeot Citroen Automobile, according to the PSA Peugeot Citroen.

　　Both sides did not blame each other. PSA hopes that PSA and Dongfeng should jointly find reasons and solutions. There are several key points.

　　First of all, in the next two to three years, the market share of Dongfeng Peugeot Citroen Automobile should be increased to 5% from 3.5%.

　　Every year each brand should introduce at least one new model. PSA Peugeot Citroen will make a formal decision during the mid-2010 and plan the construction of the third plant. At the end of 2010, the program will be approved by the government. Now the specific plant site is still under consideration. What will the capacity of the third plant be? 150,000 units or 200,000 units? Now the research is underway. (Translator: Qinghua/Hanxin)

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　　http://auto.sohu.com/20100506/n271958373.shtml