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PSA-GM Joint Vehicle Programs to Use French Automaker’s Platforms

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PSA-GM Joint Vehicle Programs to Use French Automaker’s Platforms

Today, January 24th, GM and its partner PSA Peugeot Citroen announced that all three joint-vehicle programs will be built on the French automaker’s platforms.

PSA CEO Philippe Varin and GM Vice Chairman Steve Girsky offered today at a press conference in Brussels more details regarding their cooperation plans, including the fact that the next generation Opel Corsa and Citroen C3 will be manufactured on PSA’s platform. Last year the two companies revealed their alliance aimed at cutting European losses and sharing development costs.

PSA Peugeot Citroen plans to manufacture a new family of minivans/crossovers which will replace the Opel Zafira and Peugeot 3008, while GM will develop successors for the Citroen C3 Picasso and Opel Meriva minivans, as well as Peugeot 2008 crossover. The first vehicles manufactured by the JV will hit the market in 2016. The GM-PSA alliance will aim at expanding in growing markets such as Russia and South America, and also create a fourth possible platform for EVs.

Recently GM announced that due to the difficult situation in Europe, where the company lost $17.3 billion since 1999, it might close the Bochum plant in Germany at the end of 2014, sooner than previously announced.

by Ana Cezara Savin (my Google+) - Thursday, January 24th, 2013 - filed under General Motors, News, Peugeot. Image credit: .
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