PSA Peugeot Citroen
For the Peugeot Citroen, the cost of producing the new M3 and M4 in Span will be a low cost affair with the plant and workforce costing about 1 billion euros. The group has not given any details or confirmations however it is for sure that they will be carefully monitoring the success that Renault is receiving through its Dacia. The M3 project looks at giving rise to a new class of low cost Peugeots and the M4 is focused at redefining the Citroen.
Currently, even though there is not specific information about the features or shape of the cars, we do know that they are scheduled for a release in late 2011 or early 2012. The M3 is planned to replace the 206 plus and the M4 to replace the Classic C3.
See Hybrid4 – Hybrid HDi engines technology – PSA Peugeot Citroën video review :