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Russian gloom claims two more as PSA and Mitsubishi cut production

PSA Peugeot Citroen and Mitsubishi, who jointly own a manufacturing facility in Kaluga, have joined the growing list of vehicle manufacturers in Russia who have had to cut output levels owing to plummeting sales

Sales of passenger cars and light commercial vehicles in Russia continue to plummet, with no relief in sight for the country's automotive market. The situation has reached a stage where the Russian government has been forced to step in. Last month, the government came out with a plan to offer subsidies to vehicle manufacturers in the country.

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