PSMA Rus has signed an MoU with Coskunoz on the supply of body parts

PSMA Rus has signed an MoU with Coskunoz on the supply of body parts PSMA Rus has signed a memorandum of understanding with Turkish Coskunoz company on the supply of body parts.

Coskunoz company is the owner of the Coskunoz Alabuga factory, which is located at Alabuga SEZ. Production and supply of LCV body parts to PSMA Rus plant is proposed in the mutually beneficial cooperation agreement. The production is planned to start in Kaluga region in 2020.

As previously reported, PSA Group has signed a Special Investment Contract with the Russian government, in accordance with which the model range manufactured at PSMA Rus plant in Kaluga is planned to be expanded, along with the investment in a new platform and the launch of the production of Peugeot Expert, Peugeot Traveller, Citroen Jumpy and Citroen SpaceTourer. In addition, the production of power plants, which includes casting, forging and machining of the main elements, will be localised. The power plants and gearboxes, locally manufactured in the Russian Federation, will be used in the equipment of the models produced by the PSA Group in Kaluga.

The current localisation rate of car production by PSA in Russia is approximately 40%.

PSMA Rus is a joint venture of PSA Peugeot Citroen with 70% shares and Mitsubishi Motors Corporation with 30% shares. The factory was established in Kaluga region in April 2011. The enterprise has been operating in full cycle since July 2012. Six French brand car models currently roll off the conveyor of the plant: Peugeot 408, Citroеn C4 Sedan, Citroеn Jumpy and Peugeot Expert, Citroеn SpaceTourer and Peugeot Traveller.