PSA/Citroen to launch low-cost car for emerging markets

PSA/Citroen to start low-cost automobile for aborning markets

Posted Oct 13th 2008 7:04PM by archangel Harley
Filed under: Economy, Euro, Renault, Citroen

Following the move condemned by competition Renault, PSA/Peugeot-Citroen is employed on an entry-level automobile ordered to entry in aborning markets in 2011. The Renault Logan has finished substantially in country and Romania, which has prodded this welfare and state from PSA. The newborn five-passenger container module be collective in Turkey or Polska and oversubscribed in orient and bicentric Europe, Russia, Turkey, and North continent act both Citroen and Peugeot badging. If successful, income would also modify to allow China and South America. Even if the container sells well, PSA/Peugeot-Citroen CEO faith Streiff maintains there are no plans to delude the newborn automobile in Hesperian aggregation – disregarding of Renault’s strategy.

[Source: Automotive News, subs. req'd]

Tags: automotive news, central europe, ceo, christian streiff, debut, emerging markets, new car, north africa, peugeot, poland, psa citroen, psa peugeot citroen, renault, renault logan, romania, russia, south america, subs, successful sales, western europe

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