PSA Group Building South Africa Assembly Plant

PSA Group will set up an assembly plan in South Africa in an effort to sell more cars in the region.

The French automaker announced a joint venture with Namibia Development Corp. to begin establishment of the plant, according to Africa Business Chief.

PSA Group will produce OPEL Grandland X and Peugeot 3008 in the second half of 2018, according to Xinhua Net. The French automaker also targeted a volume of 5,000 units by 2020 to meet market demand of the South African Countries Union.