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Manufacturing: After brush with bankruptcy, Peugeot plans Morocco plant to cut costs

June 22, 2015 Comments Off on Manufacturing: After brush with bankruptcy, Peugeot plans Morocco plant to cut costs

Following a brush with bankruptcy PSA Peugeot Citroen unveiled plans on Friday to build a 557-million-euro ($630 million) Moroccan factory, as the French carmaker seeks to reduce both production costs and its reliance on Europe.

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