30
Aug
11:51
PSA modernises plant, boosts output
French car maker PSA Peugeot Citroen is boosting production at its Sevelnord site, northern France, and investing €40 million ($44.6m) into modernisation works.
“This is in line with the ‘Push to Pass’ strategy,” a source close to the company tells Kallanish. “The company intends to increase production by 20% in Europe in the period 2016-2018 and this investment will boost and optimise productivity at the plant. It is main…
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Very good overview of the weekly steel market.
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