Kazakhstan to produce Peugeot cars
By Aynur Jafarova
The Kazakh Ministry of Industry and New Technologies has said that the Peugeot automobiles will be manufactured in Kazakhstan.
The production of the Peugeot automobiles is planned to be carried out at industrial sites of the AgromashHolding JSC in Kostanai.
According to the ministry, the PSA Peugeot Citroën, AgromashHolding JSC and the Kazakh ministry will sign a memorandum of cooperation in Astana next week.
Earlier in March it was reported that PSA Peugeot Citroen and
AgromashHolding signed an agreement for the assembly and
distribution of the Peugeot passenger cars in Kazakhstan.
According to the agreement, assembly of the Peugeot cars will start
in June with a large range of models (301, 3008, 508 and
Partner).
The production capacity will reach 4,000 units per year in the
initial stage and then the figure may be brought up to 10,000 units
per year and more.
Along with locally assembled models, Peugeot will offer the Kazakh
market the Peugeot 408 manufactured on the full-cycle Russian plant
of PSA Peugeot Citroen in Kaluga.
PSA Peugeot Citroen is the second largest carmaker in Europe. In 2012, the company sold 2.9 million vehicles worldwide and got revenues worth 55.4 billion euros.
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