PARIS — PSA Peugeot Citroen next year plans to sell 550,000 Peugeot 307 small hatchbacks, a 44% increase over 1994, the 306 model's best year. Peugeot's confidence is boosted by a 40% jump in sales over the last three years. Plus, its 206 now is by all accounts the best-selling model in France. PSA's internal target for the next “few” years is a further 50% increase. Achieve this, insists the French automaker, and it can remain independent. “We don't believe in an unavoidable death,” ...

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