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MOTOR SPORT ENTHUSIAST'S TOUR

GoodwoodThe "Classic Motor Sport Tour" includes visits to Goodwood Revival, Donington Grand Prix Collection, Grand Prix Historique de la Vienne, Manoir de L'Automobile and Museum de L'Automobile at Le Mans and, for a farewell dinner, Atelier Renault on Champs Elysees. Also included are city tours of London and Paris, Classic Team Lotus Works tour and Brands Hatch race master (with an opportunity of a drive in a high performance Renault). This great tour includes return economy air fares, departure tax, transfers, 13 breakfasts, 3 dinners and 13 nights accommodation.

    See the brochure for more details ..... here.

    Bookings close Wednesday 25th June, 2008.

    Telephone Sheryl Poulter at Preston Travel on (03) 9470.4737 for enquiries and bookings.



Mitsubishi & Peugeot Prepare For Russian Production

 

11th June, 2008

Peugeot 4007 - European specification

Roland Vardanega, Member of the Managing Board and Executive Vice President, Manufacturing and Components, of PSA Peugeot CitroŽn and Osamu Masuko, President of Mitsubishi Motors Corporation (MMC) have laid the first foundation stone of their joint plant in Russia, located at Kaluga, 180 kms south-west of Moscow.

The ceremony took place in the presence of Mr Anatoli Artamonov, Governor of the region of Kaluga and several hundred guests.

The joint plant, held 70% by PSA Peugeot CitroŽn and 30% by MMC, will start producing mid-range (C segment) models, as of 2011, for Peugeot and CitroŽn and mid-range SUVs for the 3 brands. These models will be destined for the Russian automobile market.

The annual production capacity of the plant will be 160,000 units split 110,000 segment C vehicles and 50,000 SUVs. Over time, its capacity may be increased to 300,000 units to meet the expected growth of the Russian market.

The plant will employ about 3,000 people and the joint initial investment for the two partners represents Ä470 million.

Didier Aleton of PSA Peugeot CitroŽn, former Director of the Russia project, has been appointed Managing Director of the new joint venture. He will oversee the operational management of the project.

For Roland Vardanega, this ceremony marks "the starting point of a tremendous long-term manufacturing project on a highly-promising market, with a partnership based on sharing best practice to reinforce mutual efficiency".

For his part, Osamu Masuko declared that "this project is the outcome of over a year's intense discussions and will lead to even deeper technical exchanges, rich in high potentiality for the two automobile groups".

A few figures on the joint plant:

Site

Kaluga, Russia

Location

180 kms south-west of Moscow

Management

Didier Aleton, Managing Director

Surface area

About 200 hectares

Including 50 hectares for the suppliers park

Nature of site

Auto manufacturing

(stamping, ironwork, paint and assembling)

Production capacity

160,000 vehicles per year (in three shifts)

Vehicles produced

C segment Peugeot and CitroŽn vehicles

Mid-range SUVs for Mitsubishi, Peugeot and CitroŽn

Initial Investment

Ä470 million

Production starts

2011

Headcount (recruitment)

About 3,000 employees



Other Mitsubishi content: here.

Other Peugeot content: here.

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