Peugeot sees China driving its brand

BEIJING - French auto maker Peugeot expects China to become its biggest market before 2015 and promises to add at least one model every year to its locally produced fleet, said Xavier Peugeot, the company's global director of marketing and communications.

"We hope our annual sales in the country will hit at least 500,000 units by that year," he added.

"As China's annual automobile sales in 2015 will be two times this year's figure, we believe that success in the China market is key to Peugeot's strategic target of being the world's seventh largest brand by 2015."