The Peugeot and Citroën brands separately tried to enter the China market in the 1980s. Citroën sold the CX model in 1984, and it even appeared in a Chinese film. At the time, Citroën was competing with Volkswagen for the "large car" contract with SAIC Motor, and Volkswagen won, investing $2 Billion in the China market from 1984 to 1998. Peugeot also saw lackluster results. In 1985, it established a joint venture with the government of Guangzhou, Guangzhou Peugeot Automobile Company, which built the 1968 model Peugeot 504 and was defunct by 1997.