French manufacturing giant PSA Peugeot-Citroen has plans to produce two all-new low-cost vehicles targeted specifically at developing countries and their booming automotive markets, according to French newspaper Les Echos. PSA is reportedly hard at work on the two cut-price vehicles, the first codenamed “global small” and the second a mid-sized sedan known as “M3-M4” set to

Read the rest here:
PSA Peugeot-Citroen developing two new cars for emerging markets

Related Posts

• Honda Fit tops Toyota Prius as Japan’s top selling new car
• Top Gear China on the way: report
• Land Rover Freelander 2 Review
• Ford to unveil ‘groundbreaking new vehicle’ at Geneva
• Ford Australia outlook for 2011
• Video: Lamborghini Countach QuattroValvole drive from Sant’Agata to UK
• Toyota unintended acceleration not related to electronics
• Rats attracted to heat of recharging EVs, plug-in vehicles