Jean-Martin Folz, 50, became chairman of PSA/Peugeot-Citroen in October. He was interviewed in Paris by reporter Georg Auer.
Will the plan to build Peugeot and Citroen models in the same plants and to reduce the number of platforms from five to three lead to plant closures?
No, we will not use this to close a plant. We will use it to produce cars more cheaply. We want to expand our production by opening new markets.
You want to restore more individual identity to the two brands. Will you bring back Citroen's unique hydraulic suspension on cheaper models?
We have to decide on which Citroen cars we should put the hydraulic suspension. It is more expensive than conventional suspensions, which have made quite a lot of progress. Nevertheless the hydraulic suspension is a plus. And it is part of the Citroen signature. Therefore, for each new Citroen model, we will have to decide if it makes sense to have it.
It is more difficult to cover the cost on a small model than on a larger one.
Will PSA return to the USA?
We will not go to the USA in the short- or medium-term. In the long term, who knows?
Will you ever again export cars to the USA?
I don't think so. If you want to enter the US market you should first have a plant there and that is expensive.
Second, you need a commercial network. That is even more expensive.
Third, you need a model that appeals to the US market.
Today, the US market prefers light trucks and vans - cars that we don't have.
That is the third difficulty. So for all those reasons our return to the US market today would be very expensive.
Will you strengthen your cooperation with Fiat?
Yes, we consider our cooperation a real strength.
There are not many collaborations between auto groups which last for more than 20 years, like our cooperation with Fiat has. And every time I meet my counterparts at Fiat we confirm that we consider this a real asset.
Will you extend it beyond vans and minivans to include cars?
It is obviously more difficult to share a car than a van or minivan, so in the short term we most probably will limit this cooperation to vans and minivans.
How will you increase shareholder value?
It is very important that we bring to our shareholders the kind of satisfaction that they expect from us. We want to increase the profitability of PSA, which today cannot be considered satisfactory.
My intention is to improve this with certain measures that I will tell our shareholders' meeting on 25 March.