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Peugeot will launch a new model in China each year

The French car maker Peugeot, PSA Peugeot-Citroen group, will launch at least one new product in China each year over the coming years to strengthen its presence in the world's largest market. The company has set a target to reach sales this year in the Chinese market of 200,000 units.

Peugeot presented at the Shanghai Motor Show its new 508 model developed specifically for China, following the success of the European version, which exceeds by 20% sales targets. Peugeot said that one of every two units of its 508 model will be industrialized and marketed in China, bringing annual sales of this car in China market at 65,000 units.

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April 19, 2011 at 17:37 Previous Next

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