Today 09/30/2016 - 05:35:16 PM
Peugeot SA 13.595€
CAC 40 4,448.26 PTS
PSA Peugeot Citroën and Karsan sign a technical cooperation agreement to develop and manufacture the Berlingo First and Partner Origin
PSA Peugeot Citroën and Karsan signed a cooperation agreement on February 28 2008 to jointly produce the Citroën Berlingo First and Peugeot Partner Origin and develop and manufacture the extended versions of these mini-vans. The latter are designed for Turkey and export markets outside of the European Union.
These utility vehicles will be assembled from the end of 2008 in the Karsan plant of Bursa in Turkey. 150 000 units of these versions will be produced by the end of 2013.
The signing of this agreement is completely in line with the Cap 2010 momentum implemented by PSA Peugeot Citroën since mid-2007. This program aims at accelerating and extending the product plan for new vehicle projects by 2010, the main idea being to step up its international expansion.
PSA Peugeot Citroën sold 39 100 vehicles in Turkey in 2007 to hold 6.6% of the Turkish auto market. This is one of the biggest markets in Central and Eastern Europe with close to 595 000 units sold in 2007.
Working together with the Group for many years now, Karsan already assembles the Peugeot Partner Origin in its Bursa plant intended for the local market.
Karsan Automotiv Sanayi Ve Ticaret is a Turkish carmaker, subsidiary of the Kiraça group.