China to become Peugeot 508 largest market expected sales of 65,000 next year

PSA Peugeot Citroen recently released a new car plan. The 508-based model will be the main model for this year and next year. According to Peugeot Citroen's estimation, the 508 will be launched next year. Global sales are expected to reach 200,000 vehicles, of which the Chinese market is expected to have 65,000 vehicles and will become the 508 in the world's largest market.

PSA Peugeot Citroen expects the new Peugeot 508 to be sold in the Chinese market this year will exceed the number in the French home market. If Peugeot's predictions are accurate, it will be the first model on the European market to sell more cars in France than in France. .

According to a spokeswoman for Peugeot, Peugeot expects to sell 200,000 vehicles worldwide in 508 in 2012, including 65,000 in the Chinese market and 38,000 in France. The 508 will be the latest entrant to the mid-size sedan market, accounting for about 25% of the company's total sales in China.

The 508 sold in the European market is a saloon and its modified models, but the Chinese market only sells cars and does not include a station wagon, as its demand in China is relatively small.

The 508 is an alternative to Peugeot between 407 and 607, both of which are not very popular in China. In the Chinese market, the 408 car produced by Dongfeng Peugeot has already been listed as a replacement for the 407 model, but this model has not been introduced in the French mainland or European market. In the European market, the model that succeeded the 407 was the upcoming 508.

PSA will produce two-thirds of the 508 in Rennes, France, and the rest will be produced in Wuhan, China.

Peugeot 508 will be listed on the Shanghai Motor Show starting June 9