PSA Peugeot Citroen, which is Europe’s second largest car manufacturer, in a joint statement with their global partners General Motors, have signed Major Product Development and Purchasing Agreements.
GM and Peugeot already have a global alliance and, in order to strengthen and expand their presence, have come together for the following three Common Vehicle Platform Development Projects.
- Compact C-Segment MPV (Multi Purpose Vehicle) for Opel/Vauxhall & Compact C-Segment CUV (Crossover Utility Vehicle) for Peugeot brand
- MPV for both GM and Peugeot
- Joint development for an upgraded low CO2 B-segment platform for Opel/Vauxhall and Peugeot’s next generation cars in Europe and other countries.
The first products from this venture would roll out in 2016. If these initiatives go successful, PSA and GM will also broaden the scope of their Alliance and have the following under consideration:
- Co-development of a next generation of high-performance, efficient small gas engines derived from PSA’s global small petrol engine program (EB engine)
- Exploration of product and industrial initiatives in Latin America or other growth markets.
Peugeot had plans to launch their cars in India and we even had a few test mules that were spotted a couple of years ago in Pune. However, due to certain internal issues, the French car maker has delayed its Indian coming. The press release shared with us doesn’t mention any relation with India but we definitely have hopes that an Indian consideration might be there considering that the platforms look tailor-made for India.