BEIJING (Reuters) - PSA Peugeot Citroen said it may build cars in India with General Motors , its new global alliance partner, effectively scrapping a planned 650 million euro ($850 million) investment in its own factory. The companies will explore ways to use GM plants to support Peugeot's long-heralded return to the Indian market, said Gregoire Olivier, head of Asian operations for the Paris-based automaker. "We're not going to move forward by building our own factory as we'd planned to," Olivier said in an interview at the Beijing auto show. ...
No comments:
Post a Comment