AUTO INDUSTRY NEWS

GM and PSA Peugeot Citroen to share B-segment MPV platform by 2016

GM and PSA Peugeot Citroen to share B-segment MPV platform by 2016 image

Text: / Photos: Chevrolet Press | posted October 03, 2013 14:28

Brands will share the same platform but will carry distinct styling

The alliance formed by General Motors and PSA Peugeot Citroen will give rise to a new line of vehicles. In line with their agreement, the two automotive companies announced the production of B-segment multipurpose vehicles in the GM Espana plant in Zaragoza, Spain.

The two companies have already started the development for the next-generation B-segment MPVs as part of the 3 projects lined up for the alliance. They will be basing the vehicle on PSA Peugeot Citroen platform. It is expected to come out of the market in late 2016.

The development is spearheaded by the Opel team for the engineering aspects and PSA Peugeot Citroen for the powertrains. Despite being made through an alliance, the vehicles will still be distinguished through the respective brand styling.

The two companies reached the agreement in 2012 to boost their competitiveness in the European market. The agreement entails the production vehicles that will share the same platform, and the creation of a global purchasing joint venture for sourcing materials needed for automotive production.  However, the companies agreed to market and sell their respective vehicles independently and on a competitive basis.