Report: PSA/Peugeot-Citroen may shelve plans to sell hybrid cars in China

Article by Christian A., on October 6, 2010

PSA/Peugeot-Citroen wants its technology to remain under its control and if Beijing doesn’t soften demands that foreign automakers hand over technology in return for market access, it may drop plans to sell hybrid cars in China.

Programs and engineering chief Guillame Faury said that PSA is waiting for China to enact planned legislation on foreign investment before starting the development of the gasoline-electric vehicles.

At the Paris auto show last week, Faury said that its strategy is to be in China and bring its best technology there. Carmakers are scratching their heads over what to do with this predicament especially since they’re all eager to expand in China, which edged the US out and became the world's largest auto market.

Nissan Motor Co. is assessing potential Chinese demand for its Leaf electric car as it considers joint production with local partner Dongfeng Motor Group Co.

In an interview, Nissan Senior Vice President Andy Palmer said that the company has to make sure that the “batteries aren't simply going to be replicated.” He said that the “transfer of technology is bound to be a discussion point.”

Chief Financial Officer Frederic Saint Geours said that it is hoping that Beijing will “tone down” a draft law and reconsider its position for the companies’ key innovations to be controlled through structures that are majority-owned by Chinese partners.

PSA's Chinese joint venture (also with Dongfeng) and a second partnership it's finalizing with China Chang'an Automobile Group Co. are under 50-50 ownership. [via autonews - sub. required]

If you liked the article, share on:

Comments

Recommended

When Chevrolet came out with the 2018 Equinox last September, the facelifted model was offered in a diesel option for the first time, plus it weighed much less at 400...
by - July 23, 2017
If you are a huge fan of the hardcore GTS version, you probably know that the closest you could get to that model is the upgraded model of the M4...
by - July 23, 2017
Audi’s intention to bring out the Renn Sport Racing version of the Q5 was made clear when it unveiled the Audi SQ5 at the 2017 Detroit Motor Show early this...
by - July 22, 2017
Kia’s Sorento midsize sports utility vehicle is reaching its mid-cycle for the 2018 model year. Thus, its fans, enthusiasts and satisfied customers are expecting the Sorento to receive an update...
by - July 22, 2017
The Lotus Evora Sport 410 astonished the world after arriving as the more powerful and lighter edition of the already impressive Evora 400. Now, Lotus Cars is throwing in another...
by - July 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries