Cairo for Development and Cars Manufacturing (CDCM) is looking to replace the loss of Peugeot with a Chinese brand, an unnamed shareholder in parent company Arabia Investments, Development and Financial Investment Holding Company told Al Mal on Sunday. The company is mulling between Bisu Auto or GAC Motors as their next international brand, the source added. As for CDCM’s lawsuit against Peugeot Citroen for ending their 41 year-old partnership abruptly late last year and moving to Mansour Group, the source said that the first hearing will take place in May. The company is asking for damages of EUR 150 mn.

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