PSA/Peugeot-Citroen has celebrated building 100,000 new Peugeot 207 hatchbacks at its new Slovak plant by announcing it will invest around EUR100m ($US135.5m) there this year and next to make a new model.
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A PSA spokeswoman in London confirmed an earlier Reuters report of the investment, adding that the new car would be built on PSA’s platform one and was due out in 2010.
Platform one is the basis of Peugeot’s 1007 city car, with sliding doors, and the newer 207 line, as well as Citroen’s C2 and C3.
Reuters cited the Slovak factory’s chief, Alain Baldeyrou, as saying the new car would be slightly different from the existing 207 model.
The news agency noted that PSA had said earlier it would reduce its original EUR350m ($474.1m) expansion plan in Slovakia, which included the cost of the new model.
“We are not going to increase capacity, only modify the installations,” Baldeyrou told Reuters.
PSA/Peugeot-Citroen plans to make 180,000 Peugeot 207 cars in the Slovak plant this year, up from 51,000 last year, and eventually hit capacity of 300,000, the news agency added.
