PSA Citroen Peugeot plays down C6 model move to China
French auto giant PSA Peugeot Citroen said on Thursday it wants its cars destined for the Chinese market to be made in China but was not planning to build its luxury C6 model there.
PSA said, however, that it had no plans -- contrary to reports -- to build the successor to its Citroen C6 saloon model in China, the world's largest and fastest growing auto market.
"No, not at all. The C6 is a relatively new car. There are no plans in that sense," PSA spokesman Hugues Dufour told AFP in response to reports the high-end model, currently made in Rennes, western France, would be built in China.
"The Chinese market is growing full speed ahead, based on mid- to upper mid-end saloons such as the C5 or the (Peugeot) 508," Dufour said.
"The group's strategy in China is to build for the Chinese market and to strengthen our model range with cars in the ... mid- and upper mid-range such as the C5, which we have already launched in China, and the 508 which we will launch in 2011," he said.
"These cars are launched for the Chinese market; they are also built in Rennes ... for the European market," he said, noting that PSA plans a dozen new models for the China over the next five years."
On Monday, PSA announced it would build its third plant in China, its second most important market overall.
Auto sales in China hit 9.02 million in the first half of 2010, a year-on-year rise of 48 percent, according to Chinese figures, as the market booms on the back of sustained economic growth and development.
Western and Japanese auto firms all have major plants and interests in China, attracted by its stellar growth prospects.
© 2010 AFP