Mitsubishi Motors Corporation (MMC) and PSA Peugeot Citroën (PSA) formed a joint venture to together produce 3 brands including Peugeot, Citroën and Mitsubishi in Russia. The development is intended to enhance the growth of both the companies in Russia. The assembly plant will be located in Kaluga, Moscow and will produce mid-range SUVs for Mitsubishi, Peugeot and Citroën brands as well as medium size Peugeot and Citroën vehicles.
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