Tag Archives: Morocco

PSA to open engineering center in Morocco

PSA/Peugeot-Citroen will open an engineering center in Morocco and may build cars in the country as part of plans by CEO Carlos Tavares to reduce costs and return the automaker to profit, sources said. PSA will outsource some research and development functions to a new center in Casablanca run jointly with consulting firm Altran, two people familiar with the plan told Reuters.