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Mitsubishi Motor hopes to expand Peugeot links - President


Published :
Thu, 18 Jan 2007 08:37
By : Agencies
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LONDON (AFX) - Mitsubishi Motors president Osamu Masuko hopes to expand his company's relationship with PSA Peugeot Citroen in an effort to reduce costs and raise competitiveness.

'We have been able to build a very trusting relationship (with Peugeot), so if there are other opportunities to work together with them, we hope to do so,' Masuko told the Financial Times.

Earlier, Peugeot said it will supply diesel engines to Mitsubishi Motors starting in mid-2007. It did not disclose financial details.

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