PSA Domestic Investment Won't Improve Its Profits

France's PSA Peugeot Citroën has announced plans to invest EUR355mn at two of its plants in France over the next four years, in a move which reaffirms the carmaker's commitment to carrying out auto production in France. It has also revealed plans to part ways with Fiat following the end of their joint venture agreement at the Sevelnord plant in 2017, citing 'diverging product

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