Today 09/29/2016 - 05:38:00 PM
Peugeot SA 13.445€
CAC 40 4,443.84 PTS
PSA Peugeot Citroën (PSA) and General Motors (GM) are announcing today, that as part of their existing alliance agreement, the next generation small light commercial vehicles (B-LCV) from both companies will be built in the PSA plant in Vigo, Spain.
The vehicles will replace the Citroën Berlingo, Peugeot Partner and Opel/Vauxhall Combo. They will be developed on PSA’s latest LCV architecture. The first vehicles will be on the market in 2018.
The alliance between PSA and GM is based on a balanced approach. The vehicles of both manufacturers will be differentiated and consistent with their respective brand appearance.
This program is the third out of three joint projects, which was signed by both partners in an agreement in December 2013. The other projects include the production of B-MPV (B-segment multi-purpose vehicle) in the GM plant in Zaragoza, Spain and C-CUV (C-segment crossover utility vehicles) in the PSA plant in Sochaux, France.