Peugeot: partnership reinforced with Changan Motor.
(CercleFinance.com) - Before the market opened on Thursday PSA Group announced that yesterday it signed an agreement with ChangAn Motor, which strengthens the strategic partnership initiated between both companies six years ago.
This aims to install the premium DS brand in China.
“CAPSA will benefit from the DS ambitious product planning which will consist in launching one new DS product to the Chinese market each year from 2018 onwards. In addition, state of the art technologies will be available for DS product range including PHEV1 and a first BEV2, expected to be launched in 2019,” the French car maker said.
The group will set up the DS brand decision centre for China and Asia-Pacific in Shenzhen, in order to develop daily synergies with CAPSA in the management of activities in China and develop exports in the region.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
This aims to install the premium DS brand in China.
“CAPSA will benefit from the DS ambitious product planning which will consist in launching one new DS product to the Chinese market each year from 2018 onwards. In addition, state of the art technologies will be available for DS product range including PHEV1 and a first BEV2, expected to be launched in 2019,” the French car maker said.
The group will set up the DS brand decision centre for China and Asia-Pacific in Shenzhen, in order to develop daily synergies with CAPSA in the management of activities in China and develop exports in the region.
Copyright (c) 2017 CercleFinance.com. All rights reserved.