PARIS -- PSA Group has taken steps toward rebuilding its Chinese operations, signing an agreement with Changan Automobile to invest 500 million euros in the companies' joint venture and boost production at the underutilized DS plant in Shenzhen.
PARIS -- PSA Group has taken steps toward rebuilding its Chinese operations, signing an agreement with Changan Automobile to invest 500 million euros in the companies' joint venture and boost production at the underutilized DS plant in Shenzhen.
Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.