Just a few years ago PSA Peugeot-Citroën was being tipped to lose its independence as part of the automotive industry's consolidation wave. But its strategy to maintain independence has been successful. The company is even adding capacity in Europe with a new plant in Slovakia, in addition to its Czech joint venture with Toyota. Recently, PSA has also said that it hopes to generate big savings from its industrial strategy. PSA chairman Jean-Martin Folz spoke to Chris Wright about the company's industrial strategy.