Peugeot launches joint venture to build cars in Algeria

World News: . []

Peugeot maker PSA Group signed a joint venture with three Algerian partners to launch a manufacturing unit building cars for the Algerian market, it said on Sunday. The French carmaker said it would hold 49% of the joint venture's capital, representing a total investment of around €100-million ($117-million).

Read More: http://www.engineeringnews.co.za/article/peugeot-launches-joint-venture-to-build-cars-in-algeria-2017-11-13

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