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R&D: PSA integrates Morocco into its development plan
07/22/2016 - Général

A performance agreement for research and development (R&D) for the 2017-2019 period has been signed in France by 5 trade unions from the French automotive giant PSA Peugeot-Citroën.

The manufacturer commits itself to investing 7 to 8% of its annual turnover in the R&D division of the company.

It is important to remember that, while France will remain the “reference base” for engineering, the manufacturer will simultaneously develop its research activities in China, Latin America and starting from mid-2017 in Morocco.

The research activities of PSA in Morocco will begin well before the launch of the first Moroccan factory of the French manufacturer, anticipated for 2019.

Source: Infomédiaire