PSA Peugeot Citroen is aiming to sell 1,500,000 vehicles in China during 2008.
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The company intends to launch two new models in the country per annum over three years. It also plans to expand its distribution network across China.
Presently, the automaker has 220 distributors in 190 Chinese cities and plans to increase the number to 260 by the end of 2008.
PSA makes vehicles in China through a JV with Dongfeng – Dongfeng Peugeot Citroën Automobiles (DPCA).
Since its founding, DPCA has produced more than one million vehicles in China. Between 2008 and 2013, DPCA plans to launch more than twenty models.
