(later Dongfeng Motor Group) was established in 1992 and produces the Citroën C-Triomphe, 207, 307 and 408 models at factories in Wuhan and Xiangyang. Peugeot Citroën Mitsubishi Automotiv Rus The Kaluga factory was built by the Russian-based joint venture between PSA Peugeot Citroën (70%) and Mitsubishi Motors (30%) established in 2011. The site builds the Mitsubishi Outlander, Pajero Sport, and the Peugeot 308 and Citroën C4. From 2018, Peugeot Expert and Citroën Jumpy are built on site. IKAP (Iran Khodro Automobiles Peugeot) The joint venture with Iran Khodro was established in 2016 and produces some Peugeot models and imports other models in CBU for Iran market. IKAP is a 50–50 joint venture with the Iran Khodro, based in Tehran. Other interests In 2008, the company investigated the option to buy Mitsubishi Motors but a deal could not be concluded and was called off in 2010. One outcome of the talks resulted in the Mitsubishi Outlander and Mitsubishi i-MiEV to be sold as Peugeot and Citroën in Europe. Former joint ventures Toyota Peugeot Citroën Automobile Czech, the joint venture with PSA and Toyota for the development and manufacturing of a series of city cars in a new factory in the Czech Republic was signed. The resulting company is called TPCA (Toyota Peugeot Citroën Automobile). It manufactures the Citroën C1, Peugeot 108 and Toyota Aygo. This joint venture was ended in late 2020 and has been takeover by Toyota in early 2021. Guangzhou Peugeot Automobile Company (GPAC) was in operation from 1985 to 1997 and produced the Peugeot 504 and 505. In 2011, PSA Peugeot Citroën and BMW agreed to establish BMW Peugeot Citroën Electrification as an equal joint venture to develop and manufacture hybrid components including battery packs, generators, power electronics and chargers, and software for hybrid systems. The company was dissolved with the end of 2012 due to the alliance of PSA Peugeot Citroën with General Motors. Changan PSA was a 50–50 joint venture with the Chinese Chang'an Automobile Group, based in Shenzhen with an initial annual production capacity of 200,000 vehicles & engines. It produces cars of the DS Automobiles brand. In 2020, CAPSA was dissolved following the sale of the each 50% stakes of PSA and Changan to Baoneng Group. Locations Head office The head office of PSA Group is located in Rueil-Malmaison. The group has been renting the building since 2017, right after its construction. It is