But I have nothing to add on this point today

The President of the Executive Board of PSA remains cautious on the evolution of the European market, which could be pulled down by the Germany. Reflections on technical cooperation with Mitsubishi continues, especially on the niche "low cost".

The Renault management has announced that the European market should be worse than what it had planned in recent weeks ("Les Echos" of yesterday). Do you have today the same analysis

If you look at the forecast made last year on the European market, this makes modest on your ability to control the crystal ball to you. A month ago, we announced that our hypothesis for the European market was-9. We then saw the Germany-25, the Italy-5, the Spain light rose, and Great Britain-6 or - 7.

Today, there are some positive news, French or Spanish markets in line with forecasts. But there is also the less good: the Italy, just remove the premium case-sensitive, should end the year below 10, while our forecast of-25 in Germany was a little optimistic. In total, there is no reason to change our General prediction for the moment. What is important for us is our commercial dynamics, with new models. Our market share in Europe was 14.3 in late 2009, we are close to 14.8 on the first two months of this year.

In your discussions with Mitsubishi Motors, problems upgrading make difficult an entry in their capital or an exchange of participation. Do you have turned the page to limit you to technical cooperation

As we said, we look at what can be done with Mitsubishi in terms of development of cooperation beyond those we already have. Our current cooperation work well, the image of the Russian plant in Kaluga which will open in April, or electric cars. This area is important for us as the electrical, with innovative business solutions, will be our new offering of mobility support. Beyond that, we work with them on other forms of possible cooperation.

In parallel, we conduct another job on the possibility of going to a strategic partnership. But I have nothing to add on this point today.

If capitalistic discussions become bogged down, could you develop a plan B to take a stake in another group

We are not at all in a logic of plan B. We said that we want to do: have a more global presence, organic development, with opportunities for external growth, as with Mitsubishi, that we decided to look at, and finally have a coup ahead of the environment.

What is your strategy for low-cost vehicles

Our approach is multiple. We must be present on the heart of range, as well as the "distinctive" part, which comes with the launch of the DS range and the Peugeot RCZ. The part we call entry, the subject does not arise in the same terms in Europe and world markets. On this theme, we are quite advanced reflection, but have not taken the final decision. In the year, we see clear. One of the ideas in the study relates to Mitsubishi, with which we could achieve a small car, which would be sold under our three marks, as in the 4 x 4 today.