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AKIPRESS.COM - PSA Peugeot Citroën, the second largest car manufacturer in Europe, has announced its intention to start producing cars in Nigeria this year after the French carmaker signed an assembly and sale of cars agreement with PAN Nigeria Limited, Agence de Presse Africain reported.
Peugeot said in a statement on Wednesday in Lagos that it would begin building its 301 sedan in small volumes at a plant operated by PAN Nigeria Ltd in Kaduna.
The vehicle will be produced from semi-assembled kits of parts shipped from Peugeot's plant in Spain's Vigo.
Under the terms of the bilateral agreement, PAN Nigeria Ltd will also be able to assemble the Peugeot 508 and the Peugeot 308.