Filed under:
Europe,
Plants/Manufacturing,
GM,
Peugeot,
Citroën
New details have emerged this morning regarding a partnership between
General Motors and
PSA Peugeot-Citroën. Following
talks that
started back in February, the American and French automakers will apparently team up to develop several vehicles, including a small MPV for
Opel/
Vauxhall and a compact crossover for
Peugeot. Also planned is a small car for both Opel and
Citroën.
Additionally, the two companies will co-develop a low-CO2-emitting small car platform to underpin the next generation of Opel and PSA models. The detailed plans call out a midsize platform to be shared between Opel/Vauxhall and Peugeot/Citroën.
As much as $2 billion in savings are expected in the next five years as a result of this venture. In a statement from GM and PSA, "All four projects will be developed combining the best platform architectures and technologies from alliance partners."
"Beyond this, PSA and GM are currently sounding out whether to extend the cooperation potentially to other fields," a GM representative told
Automotive News Europe. The first vehicles developed from this joint venture are expected by the end of 2016. GM's official press release on the partnership can be found
below.
Continue reading GM and PSA detail four new co-developed vehicle projects
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Official: GM and PSA detail four new co-developed vehicle projects
