Peugeot CEO's says that the next-generation Peugeot 508 will be equipped with autonomous driving technology.

Peugeot 508 Allure

According to Automotive News, Carlos Tavares, PSA Peugeot Citroen's CEO, told the company's annual meeting that the next-generation Peugeot 508 will be equipped with a larger selection of driver assistance features, including some autonomous driving technology.

Although Tavares didn't go into specifics, a company spokesperson told the trade publication that the next-gen 508 would feature automated braking in traffic, on highways and during parking. The new 508 will also be available with hands-free steering.

Peugeot 508 Allure

Above: The current-generation Peugeot 508.

The next-generation Peugeot 508 is expected to debut in 2017. Based on the company's EMP2 platform, the new 508 will again be the company's flagship sedan.

It's believed that the second-generation 508 will be given two main tasks. Firstly, it will fight its traditional foes, the fleet-friendly large sedans from mass market brands, such as the Ford Mondeo, Opel Insignia and the merged Renault Laguna/Latitude replacement.

Secondly, the tech-laden 508 is expected to help continue the French brand's push upmarket.