IN BRIEF (Page 14)

Peugeot launches sedan

French carmaker PSA Peugeot Citroen's joint venture with Dongfeng Motor Corp recently launched a Peugeot 207 subcompact sedan, which retails between 74,800 and 107,800 yuan.

The model has two engine options - four-cylinder 1.4 and 1.6 liters - which meet European IV emission standards. The joint venture aims to sell more than 50,000 Peugeot 207 sedans over the next 12 months.