Today 09/29/2016 - 03:35:58 PM
Peugeot SA 13.560€
CAC 40 4,470.57 PTS
PSA Peugeot Citroën and Toyota Motor Europe (TME) reveal today the new Citroën SPACETOURER, Peugeot TRAVELLER, and Toyota PROACE. They will be available in MPV versions for private uses and in shuttle versions for business uses. Both companies therefore confirm the continuation of their cooperation agreement signed in 2012.
The three vehicles are to be launched in the first half of 2016 and will be present on the respective stands of the three brands at the upcoming Geneva Motor Show in March 2016.
“We are delighted to present today these three new vehicles, the result of the cooperation with Toyota Motor Europe. This agreement has enabled us to develop a new and efficient vehicle platform, offering our customers around the world modern products which are particularly competitive in their segment” said Patrice Lucas, PSA Peugeot Citroën Head of Programme and Strategy.
“We’re very pleased that the collaboration we started in 2012 with PSA Peugeot Citroën is now delivering a brand-new generation Toyota PROACE,” said TME President and CEO Johan van Zyl. “Both teams worked very hard together and at individual brand level, and I am confident that our distinctive new van with all its variants will strengthen the Toyota light commercial vehicle offer in Europe. The new PROACE will complement the range of solid and durable vehicles customers are expecting from Toyota.”
The first Toyota Proace vehicles were based since 2013 on the current generation Peugeot Expert and Citroën Jumpy vehicles. It was agreed at the start of the collaboration in 2012 that the companies would work together on next generation vehicles, and that the collaboration would last beyond 2020.
The aim of the collaboration is for both companies to be able to offer a competitive product in the mid-size light commercial vehicle, shuttle and Combi segments and benefit from development and production cost optimisation. The vehicles are produced at PSA Peugeot Citroen’s plant of Sevelnord, in Valenciennes, France.
Toyota Motor Europe participated in the development and industrial investment costs for the new vehicles.
The vehicles share all technical features, powertrains, and equipment and propose a distinctive styling rooted in each of the brand’s design language.