Peugeot Inks Joint Venture Deals With Algerian Partners

(Adds details from Peugeot, Algiers press conference) PARIS/ALGIERS, Nov 12 (Reuters) - Peugeot maker PSA Group signed a joint venture agreement with three Algerian partners on Sunday to build cars in the North African country. The French carmaker said it would invest around 100 million euros ($117 million), equalling 49 pct of the joint venture's capital. The joint venture will set up a plant in the western Algerian city of Oran, where French automaker Renault opened a plant in ...


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