PSA to set Dongfeng Peugeot Citroen No.3 plant at Shenzhen

Shanghai, April 16 (Gasgoo.com) The delayed Dongfeng and Hafei's cooperation will soon come into being in a real sense. Due to the positive “mediation” by President Christian Streiff of Peugeot-Citroen Group (PSA), PSA is likely to change from “dejected withdrawal” to "successful involvement.”

Recently, the senior insiders of Dongfeng Automobile said that the Shenzhen base is a key point for PSA and Dongfeng’s present negotiation. PSA hoped to continue the cooperation with Hafei at the Shenzhen facility -- they already signed the memorandum of understanding -- and meanwhile invited Dongfeng to join in to form the trilateral cooperation.

Besides, the general Manager Xu Ping of Dongfeng Automobile and the president Christian Streiff of PSA group will reach the common recognition regarding this matter in the near future.

The most direct way is for the No.3 plant of Dongfeng Peugeot Citroen Automobile to settle down in Hafei Shenzhen auto-making base. According to PSA insiders, PSA has truly set a strategy to put the No.3 plant of Dongfeng Peugeot Citroen Automobile at the Shenzhen base, which is the bottom line Christian Streiff has already hinted. In February, at a close-door conference of Dongfeng Peugeot Citroen, he announced officially the No.3 plant project was started.