Peugeot plans to start production of the 408 line at PSMA Rus, a Russian unit of the PSA Peugeot Citroen–Mitsubishi Motors alliance, in the Kaluga Region this year, the automaker told Prime News.
The plant, launched in April 2010, also produces the 308 and has the capacity to manufacture 125,000 cars per year with the possibility to increase production to 300,000 cars.
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Total investments in production will reach EUR470m.
