CORRECTED - UPDATE 1-Peugeot CEO reveals elements of plan

Newswire

Corrects quote in paragraph 2 to "...improve productivity..." from "...improve profitability..." (Adds detail from magazine report) FRANKFURT, Aug 28 (Reuters) - Europe's second-biggest carmaker PSA Peugeot Citroen aims to increase productivity, cut development times and reduce its dependence on the domestic market as part of a plan to boost profitability, its head told a magazine. "My minimum target to improve productivity is 5 percent per year," PSA Chief Executive Christian Streiff ...

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