Peugeot ups Chinese petrol engine shipments amid diesel slump
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French carmaker PSA Group is increasing shipments of Chinese-made gasoline engines to Europe as it adapts to a consumer shift away from diesel, Les Echos reported on Monday.
The maker of Peugeot and Citroen cars now expects to source 100,000 gasoline engines from Chinese plants, an increase on the 55,000 it had previously planned to import in 2017-18, the French financial daily said.
A PSA spokesman declined to comment.
Paris-based PSA had announced the import plans earlier this year to accommodate the shift in demand while it converts some domestic engine production capacity from diesel to gasoline.
Questions & Answers
Q.Why is PSA Group importing more Chinese-made gasoline engines to Europe?
Why is PSA Group importing more Chinese-made gasoline engines to Europe?
The company is adapting to a consumer shift away from diesel engines. Importing gasoline engines helps accommodate this change in demand while PSA converts some of its domestic production capacity.
Q.What is the new total number of gasoline engines PSA Group expects to source from Chinese plants?
What is the new total number of gasoline engines PSA Group expects to source from Chinese plants?
PSA Group now expects to source 100,000 gasoline engines from Chinese plants. This is an increase from the previously planned 55,000 engines for 2017-18.
Q.When did PSA Group initially announce its plans to import engines from China?
When did PSA Group initially announce its plans to import engines from China?
PSA Group announced these import plans earlier this year. The measure was taken to manage the shift in demand as consumers move away from diesel vehicles.
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