PSA: increases SUV production capacity in Europe
(CercleFinance.com) - Today PSA Group announced that it will strengthen its SUV production capacity in Europe to meet market demand.
"The product offensive launched as part of the Push to Pass plan's Core Model Strategy has led to the recent introduction of 11 SUV models by the Group's five brands - Peugeot, Citroën, DS Automobiles, Opel and Vauxhall," PSA said.
It added, “Together representing 250,000 registrations in Europe in the first quarter of 2018. Over the same period, the Group's share of the European SUV market has risen sharply, to 16.9% beginning of 2018.”
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"The product offensive launched as part of the Push to Pass plan's Core Model Strategy has led to the recent introduction of 11 SUV models by the Group's five brands - Peugeot, Citroën, DS Automobiles, Opel and Vauxhall," PSA said.
It added, “Together representing 250,000 registrations in Europe in the first quarter of 2018. Over the same period, the Group's share of the European SUV market has risen sharply, to 16.9% beginning of 2018.”
Copyright (c) 2018 CercleFinance.com. All rights reserved.