In a move stemmed from the need to stop losses in Europe and deepen the cooperation between the two automakers, PSA Peugeot-Citroen will shift production of a compact minivan to a General Motors factory in Spain.
The two companies said in a joint statement today that GM’s Opel division would build a new generation of a jointly developed small multi-purpose vehicle at its Zaragoza factory, starting in late 2016.
“The alliance between PSA and GM is based on a balanced approach,” the companies said in the statement.
Peugeot, which currently builds the Citroen C3 Picasso small van in Trnava, Slovakia, will supply the engines and transmissions for the vehicles.
Peugeot and GM are also in early discussions to make the next generation of Opel’s larger Zafira minivan at the French carmaker’s plant in Sochaux in its home country, two people familiar with the matter said last week. Zafira production is slated to move from the Bochum plant to Ruesselsheim, Germany, where Opel is headquartered, in 2015.
The automakers are both struggling to fill underutilized facilities in Europe. Opel has laid out plans to shut down the factory in Bochum, Germany, while Peugeot is reducing its French workforce by 17% and closing a plant near Paris.
) - Wednesday, October 2nd, 2013 - filed under Citroen
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