Four Vehicle Programs on Tap for GM-PSA Alliance
The General Motors-PSA Peugeot Citroen alliance says it is launching four product development projects and will begin introducing jointly developed models in 2016.
The General Motors-PSA Peugeot Citroen alliance says it is launching four product development projects and will begin introducing jointly developed models in 2016.
The vehicles will be sold in Europe and unspecified other regions.
The alliance, which was created at the end of February, offered no details about the programs beyond these descriptions:
A compact van for Opel/Vauxhall and compact crossover vehicle for Peugeot
A small MPV for Opel/Vauxhall and Citroen
An unspecified number of midsize cars for all four brands
An ultra-low-emission small-vehicle platform for all four brands
The partners say all four projects aim to merge the best platform architectures and vehicle technologies from each company. The carmakers did not indicate which program would be the first to deliver a vehicle to market.
GM and PSA reiterate that they expect the four projects, coupled with joint purchasing and logistics efforts, to save $2 billion per year within five years.