Europe’s second largest car maker PSA Peugeot Citroën has put its plan of India Debut on hold due to its financial difficulties in the European Markets.
peugeot in india
Peugeot Scrapes Own Plant Plan in India: Intends to Build Cars With GM
Peugeot has been seriously considering their Indian return for sometime now. We had infact spotted a few Peugeot cars testing here in Pune many months back. They announced a new plant in Gujarat last September totaling an investment of $850 million.