Citroën CEO Frederic Banzet has announced plans to introduce their first budget-friendly C-Line model in little over a year.

Citroën CEO Frederic Banzet has announced plans to introduce their first budget-friendly C-Line model in little over a year.

The car is expected to replace the C3 and draw inspiration from the C-Cactus concept that debuted at the 2007 Frankfurt Motor Show.

Little else is known about the new C-Line models, but they will reportedly be aimed at cost-conscious buyers who favor functionality. As a result, the cars will have simplified lineup which will likely consist of less options and fewer engine choices.

The change is part of a larger reorganization strategy which calls for Peugeot to move upmarket and DS models to become a stand-alone brand. Despite the change, Citroën is adamant that C-Line vehicles will have bold styling and won't just compete on price.