PARIS – The €557 million ($621 million) deal between PSA Peugeot Citroen and the Kingdom of Morocco inked June 19 followed weeks of speculation over the exact nature of the French automaker’s long-awaited move into North Africa. PSA will establish a factory in the free-trade zone of Kenitra on the west coast of Morocco. It aims to assemble 90,000 cars and engines starting in 2019, increasing production capacity to 200,000 units by an unspecified date. In Kenitra, PSA is ...

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