PSA announced earlier today that the company is planning its fourth factory in China to further boost sales, especially in the booming Western markets.

Over the course of 2013 PSA sold a combined 550,000 units in the Chinese market and has aspirations of selling 650,000 in 2014. PSA’s original goal for 2013 was to reach 500,000 units but as PSA…

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Playing the sales goal stakes in China is a high pressure game, the first to move is always the big looser. Dongfeng Peugeot announced yesterday that they would drop their sales goal from 240,000 units in 2012 to 230,000 units, a move that is unusual to say the least. Peugeot are planning to focus on the 508 mid size sedan as a big mover in 2012, the…

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