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Remember when French automaker PSA Peugeot Citroen unveiled its diesel
hybrid prototypes? The company has announced it is seeking a partnership with other auto manufacturers or suppliers to
develop production models to sell in Europe by 2010. Said Jean-Martin Folz, CEO of PSA: “We plan on marketing
several tens of thousands diesel hybrid cars in the M1 [lower-medium] segment from 2010.”
PSA Peugeot
Citroen’s major concern is the cost of the hybrid technology. Partnerships with other automotive companies would help
the company spread out the financial burden.
There have been no response to PSA’s classified ad by other
companies so far.