Dongfeng Peugeot Citroen Automobile, a 50-50 joint venture between PSA Group and Dongfeng Motor Group, lost nearly 3.7 billion yuan ($552 million) in 2018 on plunging sales.
Dongfeng Peugeot Citroen Automobile, a 50-50 joint venture between PSA Group and Dongfeng Motor Group, lost nearly 3.7 billion yuan ($552 million) in 2018 on plunging sales.
The automaker did not break out the amount to be invested in each plant, but said June 10 the dollars will go to Orion Assembly in Michigan, Fairfax Assembly in Kansas and Spring Hill Manufacturing in Tennessee.