PSA Peugeot Citroen is gearing up to launch a new line of premium cars in China, according to CEO Gregoire Olivier.
The joint venture between PSA and Changan Automobile Group plans to compete against the Germans in the luxury car market, Olivier told Automotive News China.
The model will be based on the Metropolis concept car. "The same styling elements will be used for a high-level Citroen car to be developed in China," Olivier stated.
The Metropolis was the first car designed by the PSA design centre in China. It shares a platform with the Citroen C6 and Peugeot 407. Although the concept version featured a plug-in hybrid motor with 454bhp, PSA has not confirmed what powertrains will be used in the production model. A hybrid version might be withheld completely from China, according to PSA bosses.
The PSA and Changan Automobile Group venture plans to produce 200,000 vehicles a year, with production starting in the second half of 2012.