The PSA Citroën-Peugeot may be facing some troubles in Europe due to the financial and budgetary crisis, but life goes on and Citroën is looking for ways to increase its sales with the presentation of new models in the mainstream categories.

After the introduction of the new generation of the C4 compact hatchback in 2010, the sub-premium DS4 last year and more recently, the Mitsubishi-based C4 Aircross, the French carmaker is now preparing another proposal for the popular C-segment, the C4 sedan.

The results of a collaborative project between two or more automotive partners can vary deeply, depending on how far the participating companies are willing to take the rebadging process.

For example, the differences between the original Fiat Doblo and GM's Opel Combo spinoff (a RAM variant will also be introduced in early 2013) are more or less limited to the design of their front bumpers.

The French PSA Peugeot Citroën group on the other hand, gave its designers a little more breathing room when it came to the development of its new compact SUVs / crossovers, the Peugeot 4008 and the Citroën C4 AIRCROSS.

Is it sibling rivalry or pure coincidence? No matter: the PSA Peugeot Citroen Group unveiled today not one but two compact crossovers: the Peugeot 4008 and the Citroen C4 Aircross.

Both models are based on the Mitsubishi ASX and were created as part of an OEM agreement between the French automaker and it’s Japanese counterpart.

The differences between the two French models are purely cosmetic, with each variant featuring bespoke front and rear ends along with some other signature styling traits such as the Citroen's C-column trim.

Citroën will soon add a new model to its range called the C4 AIRCROSS. For the time being, the French carmaker released a single teaser shot of the new car adding that the full reveal will follow next Friday.

Details remain slim, but there's a chance it could be a crossover-ish version of the C4 hatchback in the likes of the same named C3 AIRCROSSER that was unveiled last year for the South American market.