PSA/Stafim to establish Peugeot assembly plant in Tunisia

PSA Group and Stafim, Peugeot’s long-term partner in Tunisia, have signed a letter of intent to assemble and sell a Peugeot pickup truck in Tunisia.

The planned plant will start operations in mid-2018, producing 1,200 units annually to meet local demand.

PSA said: “This agreement falls within the core model strategy of the ‘Push to Pass’ organic profitable growth plan, demonstrating the group’s intention to build its presence in the pick-up segment.”

At the Tunisia 2020 International Conference on investment held in Tunis, with Béji Caïd Essebsi, president of Tunisia and Manuel Valls, the French prime minister in attendance, Jean-Christophe Quémard, executive vice-president for Middle East & Africa, reaffirmed the PSA Group’s commitments and goals for investment in Tunisia and throughout the region.

With annual sales volume in excess of EUR250m, the group plays a key role in the growth of the Tunisian automotive industry.

Quémard said: “As a long-standing partner in the growth of the Tunisian automotive sector through its three brands, Peugeot, Citroen and DS, with this project the PSA Group shows its intent to lead.”


Related posts

Comments are closed.