Les Echos newspaper reported today that Opel plans to manufacture the new Zafira minivan at Peugeot’s Sochaux plant located in France.
The Zafira minivan is currently manufactured at Peugeot’s Bochum plant in Germany, which is to be closed by the end of 2014. The newspaper said that the production at the Sochaux plant is part of a deal signed between Opel and Peugeot at the beginning of 2012.
In 2012 GM offered 320 million euro for a 7% stake in PSA Peugeot Citroen as part of a partnership which includes joint vehicle development and purchasing aimed at improving the situation for both automakers in Europe. Auto sales in the European market are heading towards the sixth straight year of declines.
The report published by Les Echos also said that Citroen might transfer production of its C3 Picasso small minivan to Opel’s Zaragoza plant, located in Spain, which currently manufactures the Mokka small SUV, Corsa subcompact and Meriva small minivan.
In April, GM’s Opel executives decided today that the Bochum plant will be closed at the end of 2014, the first German facility to be closed since World War II.
GM promised to reach the break-even level in Europe by 2015 and for this it will invest 4 billion euro in Opel to introduce 13 new engines and 23 new models in the following three years.