Peugeot hopes for new life with Chinese autogroup and France Stricken French auto giant Peugeot Citroen seeks salvation with the Chinese firm Dongfeng and the French state, still burdened by huge losses. The shareholder tie-ups end the 200-year-old grip of the Peugeot family dynasty, but will raise at least 3.0 billion euros ($4.13 billion) for Peugeot Citroen. Images and soundbites. /REFILING WITH ENGLISH VIDEO/