Peugeot-Citroen - PSA eyes Chinese market

PSA CEO Gregoire Olivier said Peugeot-Citroen is getting ready to release a series of upscale cars in China. Olivier said the joint venture between PSA and Changan Automobile Group is planning to rival German firms in the luxury car market. The first premium car will be based upon Metropolis concept car. "The same styling elements will be used for a high-level Citroen car to be developed in China