GM and PSA join forces to co-develop four vehicle projects

The collaboration between General Motors and PSA Peugeot Citroen is getting stronger as the two parties have officially revealed that they plan on co-developing four vehicle projects, with the first cars scheduled to come out by the end of 2016.

There will be a joint program for creating a compact multipurpose van for Opel and Vauxhall, as well as a compact SUV / crossover for Peugeot. The second program involves developing a small car for Opel and Citroen. The third project consists of working on a new platform for next-gen Opel and PSA small cars with reduced CO2 emissions that will be sold in Europe and other areas. The fourth program concerns developing mid-size cars for Opel, Peugeot and Citroen.

Within the next five years the automakers plan on achieving $2 billion annual savings thanks to this collaboration.

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Automaker Peugeot
Article type General
Tags general motors citroen, general motors peugeot, general motors psa, gm-psa, gm citroen, gm peugeot, psa general motors, psa gm