UPDATE 2-France's Peugeot revs up China car sales target


(Recasts with analyst's comments) By Ben Blanchard and David Lin SHANGHAI, June 30 (Reuters) - France's PSA Peugeot Citroen has raised its 2005 sales target for China by 17 percent, an executive said on Thursday, in a sign that the world's third-largest vehicle market is regaining momentum. A strong first five months helped -- the auto maker cruised to a 30 percent jump in sales to nearly 59,000 vehicles in the January to May period, a Peugeot executive told Reuters. Europe's ...

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