PARIS – After a 2-year drought, Automobiles Citroen SA will introduce two new models in China in 2006. The Citroen introductions will follow the launch of Automobiles Peugeot SA’s new 206 in China at the end of this year. Peugeot 206 arrives in China later this year. Although PSA Peugeot Citroen lost €38 million ($49 million) in China last year as sales fell, the auto maker will not change its investment strategy, CEO Jean-Martin Folz tells suppliers at a recent French industry ...
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