General Motors Europe and PSA, owners of the Peugeot and Citroen automobile brands, have announced a plan to explore four new model projects as part of the growing cooperation between the two companies.
The announcement is the result of an analysis of the market coverage for the Opel, Peugeot and Citroen brands, and the identification of areas in which there is potential for profitable cooperation.
A further announcement adding detail to the plan is expected before the end of the year.
The projects include a joint program to develop medium-size cars, another to develop a new low-emissions city car platform for Europe and other regions, a joint project to produce a multipurpose van for Opel and a compact crossover for Peugeot and another that will develop small MPVs for Opel and Citroen.
Read more: GM, PSA Peugeot Citroen To Co-Develop Four New Models
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