Friday, April 23, 2010

Peugeot Citroen, Mitsubishi & Volkswagen Plants In Russia

The French Peugeot Citroen and Japanese Mitsubishi launched today a plant vehicles in Kaluga Region in Russia. 

Investments in the project amounted to 470 million Euro. The new venture will produce five models of cars - Peugeot 308, Peugeot 407, Citroen C4, Citroen C-Crosser, as well as the Mitsubishi Outlander XL. These models of C-class are designed for implementation in the Russian market.

Production of a full cycle of the plant will begin in 2012. During this period, annual production capacity will be 125,000 vehicles, including 85,000 sedans and 40,000 four-wheel drive vehicles.

It is worth noting that this is not the first foreign car producing plant in Kaluga. In November 2007 there appeared a factory of Volkswagen. It produces Skoda Octavia, Octavia Combi, Octavia Tour, Octavia RS, Octavia Scout, Skoda Superb, Skoda Roomster, Skoda Fabia, Skoda Fabia Combi, Skoda Yeti, Volkswagen Passat, Volkswagen Passat CC, Volkswagen Tiguan, Volkswagen Golf, Volkswagen Touareg, Volkswagen Jetta, Volkswagen T5, Volkswagen T5 lang, Volkswagen Caddy and the Volkswagen Caddy maxy, Audi A4, A5, Q5, A6 and Q7. 

 In October last year the plant was running full-cycle production of Volkswagen Tiguan and Skoda Octavia. Next week it is planned to start production of a full cycle of updated Skoda Fabia.

Nat Lawyer
Unel Legal Consulting

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