PSA Steps Up Investment In Engine Production

PSA Peugeot Citroën will invest EUR175mn (US$238mn) in its engine plant in La Française de Mécanique in Douvrin in northern France to prepare for production of a new three-cylinder turbocharged petrol engine. The project is part of the French firm's drive to improve its vehicle technology and help it 'strengthen its leadership in low-carbon vehicles', PSA CEO Philippe Varin revealed.

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