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Business

Peugeot Citroen JV targets 1.5m sales

Published: 30 Mar 2014 - 08:32 am | Last Updated: 28 Jan 2022 - 06:50 pm

Employees at a production line of a Dongfeng Peugeot Citroen Automobile factory in Wuhan. The Chinese firm and the French carmaker, which have a well-established joint venture in China, announced they plan to triple total sales to 1.5 million vehicles by 2020. They also aim to jointly build a presence in Southeast Asia.