Dated 20/12/2010, the French car maker Peugeot said the car company's sales in China will exceed the domestic market within five years, while emphasizing the importance of Asian countries is The world's largest market.
In an interview for the Wall Street Journal, Timothy Zimmerman, executive director of the Chinese region t expect to sell 500,000 cars in 2015. He also forecast sales in China this year will be 150,000 vehicles compared to 112,000 vehicles last year. By the end of the year where the company will have 220 agents.
This number will surpass the achievements of companies in France, where sales are expected in 2015 or 2016 will be 400,000 vehicles. Automobile sales in China reached 13.64 million units in 2009, became the recipient country the world's number one position in the U.S..
Association of Automotive Manufacturers of fish in China, said in the 11 months of 2010, sales of automobiles increased 34.1% to a record 16.4 million vehicles. Forecasting total sales to the end of 2010 reached 18 million units.
Zimmerman said, the volume of Peugeot cars sold in China through the French are not "strategic objectives" of the company, which is the inevitable result of expanding the capabilities of the Peugeot product consumption in China.
Peugeot's parent company, PSA Peugeot Citroen is a joint venture with Chinese company Dongfang. In the early years, Peugeot Citroen has added a joint venture with Changan Automotive companies to consolidate position in this country.
France's PSA Peugeot Citroen is the second largest automotive company in Europe after Germany's Volkswagen.
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