Here is some interesting reading c/o ATECO. Highlights many of Citroens many technology & production sharing activities. Enjoy.......
CITROËN: STRENGTH THROUGH CO-OPERATION
By maintaining a highly skilled and flexible manufacturing base and
carefully managing costs, PSA Peugeot Citroën is able to meet its goal of
sustained long-term growth by producing expanded model line-ups of
technically innovative yet sensibly priced vehicles.
This year alone the Group is introducing the Peugeot 1007, the Peugeot 107
and Citroën C1, the Peugeot 407 Coupé, the new Peugeot 307 and the Citroën
C6 - a wide range of vehicles to satisfy an increasingly diverse and
demanding international customer base.
To speed the growth behind this high model roll-out and yet keep additional
costs to a minimum, PSA Peugeot Citroën maintains its own platform sharing
manufacturing policy, while pursuing a clear strategy of joining hands with
other vehicle manufacturers in long-term technological and manufacturing
agreements.
Explaining the benefits of these agreements at the unveiling of the three
new small cars made jointly with Toyota at the Geneva Motor Show earlier
this year, Jean-Martin Folz said:
"Today, more than ever, we feel that this type of partnership between
independent companies is the most appropriate response to the challenge of
increasingly global markets and fast-changing customer expectations. These
"win-win" agreements allow us to share development and production costs
without renouncing our independence, and to pool skills and expertise. They
also generate the economies of scale we need to be competitive, by speeding
our development and increasing production capacity. In addition, such
cooperations offer many opportunities to learn about each other's culture
and processes."
An essential feature of these alliances is that each partner remains
independent, ensuring the Group can deliver a diverse product offering to
international markets without taking on burdensome capital or equity
commitments. This also allows these projects to account for significant
parts of the business without altering the group's core activities.
For example, the diesel engines cooperation with Ford accounts for
approximately two thirds of the Group's diesel engine requirements and
will, this year alone, produce some 3 million diesel engines.
This cooperation strategy enables the Group to keep a presence in more than
140 countries. With worldwide sales of 3,375,300 vehicles in 2004, the
Group has maintained its No. 2 position in Europe as well as expanding
rapidly in other parts of the world, particularly in Central and Eastern
Europe, in South America and China. In 2004, the Group sold 951,000
vehicles on international markets, 16% up on 2003 and accounting for 28% of
total sales.
PSA Peugeot Citroën has for decades demonstrated an ability to forge
technological and manufacturing agreements which respect each partner's
personality and independence. It has worked with Renault on V6 engines and
mid-range automatic transmissions, with Fiat on MPVs and light commercial
vehicles and with the Ford Motor Company on a comprehensive line of common
rail direct injection diesel engines, with Toyota on small entry-level
European cars and with BMW on small, high-tech gasoline engines. This
strategy is continuing with Fiat and Tofas for the joint development and
production of a small utility vehicle and with Mitsubishi Motors
Corporation in SUVs.
Cooperation Projects with Vehicle Manufacturers in Detail
Renault
PSA Peugeot Citroën and Renault have been working together for more than 30
years on the development of powertrain components. The two groups currently
produce V6 petrol engines and automatic gearboxes at La Française de
Mécanique, in Douvrin, northern France.
History
1966: The Chairmen of Peugeot and Renault sign a cooperation agreement for
the joint production of mechanical subassemblies.
1969: The partners establish La Française de Mécanique to produce
long-series components and engines and the Société de Transmissions
Automatiques (STA) to produce automatic transmissions for Renault and
rear-axle assemblies for Peugeot at its Ruitz plant in northern France.
1971: Peugeot and Renault join forces with Volvo to design and build a V6
engine at La Française de Mécanique. Volvo withdraws from the venture in
1980.
1992: PSA Peugeot Citroën and Renault sign a technological and industrial
agreement to develop a new family of automatic transmissions.
1996: La Française de Mécanique introduces the new V6 Petrol engine for mid
and high-end Renault, Peugeot and Citroën models.
1997: The BVA self-acting automatic transmission is introduced, to be
manufactured at the STA plant in Ruitz and PSA Peugeot Citroën's plant in
Valenciennes at a cost to each partner of FRF1.4 billion.
2000: The partners introduce a new three-litre V6 engine to be gradually
installed in mid and high-end Renault, Peugeot and Citroën cars and
multipurpose vehicles. 26,800 units produced that year at La Française de
Mécanique.
Fiat
PSA Peugeot Citroën and Fiat have jointly developed and produced LCVs for
almost 30 years and more recently MPVs. The Sevelnord plant at Hordain,
northern France and the Sevelsud plant at Val di Sangro, Italy, have
produced over 3 and a half million LCVs since 1978 and more than half a
million MPVs since 1994. Recently a three-way agreement with Fiat and the
Turkish company Tofas was signed to jointly develop and produce a new
small LCV in Turkey.
History
1978: PSA Peugeot Citroën and Fiat sign their first cooperation agreement
to design and produce a LCV. This leads to the creation of a joint venture,
Société Européenne de Véhicules Légers (Sevel SpA).
1981: Production of large LCVs begins at Val di Sangro : the Fiat Ducato,
the Peugeot J5 and the Citroën C25.
1988: The partnership is extended to replace vehicles in production since
1981 and a new agreement is signed to design and produce a MPV.
1993: Production of small LCVs starts at Val di Sangro: the Citroën
Dispatch, the Peugeot Boxer and Fiat Ducato.
1994: The new Sevelnord plant is brought on stream to produce the Peugeot
806, Citroën Synergie, Fiat Ulysse and Lancia Z (Zeta). The Peugeot Expert,
Citroën Relay and Fiat Scudo (large LCVs) are added to the plant's
portfolio in 1995.
2002: Fiat Auto and PSA Peugeot Citroën sign an agreement to extend their
two companies' industrial cooperation for LCVs through to 2017, committing
around €1.7 billion to the manufacture of two new lines from 2005.
2005: Fiat, PSA Peugeot Citroën and Tofas sign a cooperation agreement to
develop and produce small, entry-level LCVs powered by especially fuel
efficient engines at the Tofas plant in Bursa, Turkey for rollout in 2008.
Destination: European markets. Annual production capacity will be 135,000
units, of which 2/3 for PSA Peugeot Citroën and 1/3 for Fiat including
Tofas. Total investment, including R & D and production start-up costs
estimated roughly at Euros 350 Million.
Ford
With a development and production investment of €1.22 billion, this joint
cooperation will see the 2 partners become the world's leading diesel
engine manufacturers in the short term, producing some 3 million diesel
engines in 2005 - more than 9,000 engines a day. The JV will produce and
market 4 families of common rail direct injection diesel engines;
1.4-litre, 1.6-litre, second-generation 2-litre, and 2.7-litre V6 engine,
plus a new family of engines for light commercial vehicles.
History
1998: PSA Peugeot Citroën and Ford Motor Company announce an agreement to
jointly develop a new family of small common rail diesel engines
incorporating the latest technologies. With a development target of two and
a half years, the new engine is to be manufactured at the Douvrin plant.
1999: An agreement is signed to extend the cooperation over four specific
phases:
" An extension of the family of small aluminium diesel engines
already being engineered by the partners
" Technological upgrades of a mid-sized second generation HDi engine
" A family of V-shaped diesel engines for both companies' luxury
vehicles
" An extended range of diesel engines with new technologies to equip
commercial vehicles.
2001: PSA Peugeot Citroën and Ford Motor Company introduce the first direct
injection diesel engine developed under their cooperation agreement.
Marketed as the 1.4 HDi by PSA Peugeot Citroën and as the Duratorq TDCi 1.4
by Ford, the engine is to equip PSA Peugeot Citroën Platform 1 and 2
vehicles and Ford's small and mid-range cars.
2003: With a further investment of nearly €1 billion, PSA Peugeot Citroën
and Ford introduce a new 1.6-litre and a 2-litre common rail direct
injection diesels to be manufactured at PSA Peugeot Citroën's Trémery plant
- northern France - and to gradually equip both partners' model lines in
the second half of 2003. PSA Peugeot Citroën have the lead in the
engineering production and production for the first 2 phases of 1.4, 1.6
and 2.0 engine families
Also announced is a new high performance 2.7 litre V6 diesel engine to be
produced at Ford purpose-built facilities at Dagenham in the UK. This new
engine will debut on a Jaguar model (the S type). The project represents
an investment of €350 million by Ford Motor Company and PSA Peugeot
Citroën. Ford has the lead and production responsibility for this V6
premium diesel engine and for the forthcoming range of LCV diesel engines.
2004: the 2 partners announce plans for expansion of diesel engine
production for the 1.4, 1.6 and 2.0 litre. Addition of production
facilities for 1.4 and 1.6 at Ford Dagenham from 2007, and for the 2.0 at
Volvo's Kovde engine plant in Sweden from 2006. This is a clear indicator
of the strength of the cooperation between Ford & PSA Peugeot Citroën.
Toyota
In 2001, the two groups signed a cooperation agreement to jointly develop
and produce 3 small cars to be marketed primarily to the European market -
The Peugeot 107, Citroën C1 and Toyota Aygo - at a brand new plant in
Kolín, 60 kilometres east of Prague in the Czech Republic.
Toyota has the responsibility of the major part of the developing of the
vehicles and of the construction of the plant. PSA Peugeot Citroën develops
the seats and the diesel engine installation and is responsible for project
procurement, selecting suppliers from both Groups' regular rosters but also
locally - approximately 80% of purchasing volumes, representing more than
50% of total sourcing value, come from the Czech Republic.
Production started in March 2005 at the Toyota Peugeot Citroën Automobile
(TPCA) plant in Kolin, which will have a capacity of 300,000 vehicles a
year - 200,000 units for Peugeot and Citroën and 100,000 for Toyota. The
project represents a total investment (R & D and industrial expenditure) of
around €1.3 billion and will employ some 3,000 people.
History
March 2002: Toyota Peugeot Citroën Automobile Czech (TPCA) is created.
October 2002: First stone is laid by Jean-Martin Folz, Chairman of PSA
Peugeot Citroën, and Fujio Cho, President of Toyota Motor Corporation. The
site will cover some 120 hectares and will offer complete vehicle
manufacturing facilities: stamping, welding, final assembly and painting.
December 2004: First official photos of the 3 cars are published: the
Peugeot 107, Toyota Aygo and Citroën C1 are revealed as modern
four-passenger vehicles.
February 2005: The first production models of the Peugeot 107, Toyota Aygo
and Citroën C1 roll off the TPCA assembly line. The vehicles go on show for
the first time on the eve of the Geneva Motor Show.
June 2005: TPCA officially opens.
BMW
In 2002, PSA Peugeot Citroën and BMW announced a cooperation to jointly
develop and produce a new family of small technically advanced petrol
engines in a new unit at La Française de Mécanique in Douvrin, north west
France. The engines will equip small and mid-size Peugeot and Citroën cars
and the BMW Mini from 2006. Total output expected: around one million units
a year, or 2,500 a day.
The new engine family is a significant move for both partners in fulfilling
the self-commitment assumed by European car makers within their European
Association (ACEA), promising to reduce fleet consumption and, as a result,
CO2 emissions to 140 g/km by the year 2008.
History
July 2002: PSA Peugeot Citroën and BMW Group announce that they have joined
forces to develop and manufacture a new family of small gasoline engines.
Peugeot, Citroën and future variants of MINI vehicles will be equipped with
the engines from this cooperation project. The BMW Group R&D department is
in charge of designing the engines with the common project team based in
Munich. PSA Peugeot Citroën will manage process development, engineering
for production, manufacturing as well as procurement.
January 2003: PSA Peugeot Citroën to manufacture the new family of small
gasoline engines at a new production unit within the Française de Mécanique
plant at Douvrin.
Developed on the same production model designed for the 1.4-litre HDi
common rail diesel engine, the highly integrated production unit comprises
machining lines for the main engine components (cylinder head, crankcase,
crankshaft, and connecting rod) and related assembly lines. The new unit
will cover around 60,000 square meters and represents an investment of some
€430 million. At full capacity, it will employ 850 people producing up to
2,500 engines a day.
December 2004: PSA Peugeot Citroën and BMW Group unveil the
state-of-the-art technologies deployed in their new gasoline engines. 2
engines at launch: A 1.6-litre 85 kW (115 hp) normally aspirated engine and
a 1.6-litre 105 kW (143 hp) direct injection, compressed turbo engine.
Mitsubishi
In February 2005 , PSA Peugeot Citroën and Mitsubishi sign a memorandum of
understanding for a partnership on a new SUV platform, with 30,000 vehicles
a year to be produced in Japan and sold under the Peugeot and Citroën
marques.
Scheduled for rollout in 2007, the Peugeot and Citroën versions will be
styled differently, but both will be equipped with the latest HDi diesel
engines fitted with the Group's Diesel Particulate Filter System (DPFS).
They aim to attract new customers in predominantly European markets.
CITROËN: STRENGTH THROUGH CO-OPERATION
By maintaining a highly skilled and flexible manufacturing base and
carefully managing costs, PSA Peugeot Citroën is able to meet its goal of
sustained long-term growth by producing expanded model line-ups of
technically innovative yet sensibly priced vehicles.
This year alone the Group is introducing the Peugeot 1007, the Peugeot 107
and Citroën C1, the Peugeot 407 Coupé, the new Peugeot 307 and the Citroën
C6 - a wide range of vehicles to satisfy an increasingly diverse and
demanding international customer base.
To speed the growth behind this high model roll-out and yet keep additional
costs to a minimum, PSA Peugeot Citroën maintains its own platform sharing
manufacturing policy, while pursuing a clear strategy of joining hands with
other vehicle manufacturers in long-term technological and manufacturing
agreements.
Explaining the benefits of these agreements at the unveiling of the three
new small cars made jointly with Toyota at the Geneva Motor Show earlier
this year, Jean-Martin Folz said:
"Today, more than ever, we feel that this type of partnership between
independent companies is the most appropriate response to the challenge of
increasingly global markets and fast-changing customer expectations. These
"win-win" agreements allow us to share development and production costs
without renouncing our independence, and to pool skills and expertise. They
also generate the economies of scale we need to be competitive, by speeding
our development and increasing production capacity. In addition, such
cooperations offer many opportunities to learn about each other's culture
and processes."
An essential feature of these alliances is that each partner remains
independent, ensuring the Group can deliver a diverse product offering to
international markets without taking on burdensome capital or equity
commitments. This also allows these projects to account for significant
parts of the business without altering the group's core activities.
For example, the diesel engines cooperation with Ford accounts for
approximately two thirds of the Group's diesel engine requirements and
will, this year alone, produce some 3 million diesel engines.
This cooperation strategy enables the Group to keep a presence in more than
140 countries. With worldwide sales of 3,375,300 vehicles in 2004, the
Group has maintained its No. 2 position in Europe as well as expanding
rapidly in other parts of the world, particularly in Central and Eastern
Europe, in South America and China. In 2004, the Group sold 951,000
vehicles on international markets, 16% up on 2003 and accounting for 28% of
total sales.
PSA Peugeot Citroën has for decades demonstrated an ability to forge
technological and manufacturing agreements which respect each partner's
personality and independence. It has worked with Renault on V6 engines and
mid-range automatic transmissions, with Fiat on MPVs and light commercial
vehicles and with the Ford Motor Company on a comprehensive line of common
rail direct injection diesel engines, with Toyota on small entry-level
European cars and with BMW on small, high-tech gasoline engines. This
strategy is continuing with Fiat and Tofas for the joint development and
production of a small utility vehicle and with Mitsubishi Motors
Corporation in SUVs.
Cooperation Projects with Vehicle Manufacturers in Detail
Renault
PSA Peugeot Citroën and Renault have been working together for more than 30
years on the development of powertrain components. The two groups currently
produce V6 petrol engines and automatic gearboxes at La Française de
Mécanique, in Douvrin, northern France.
History
1966: The Chairmen of Peugeot and Renault sign a cooperation agreement for
the joint production of mechanical subassemblies.
1969: The partners establish La Française de Mécanique to produce
long-series components and engines and the Société de Transmissions
Automatiques (STA) to produce automatic transmissions for Renault and
rear-axle assemblies for Peugeot at its Ruitz plant in northern France.
1971: Peugeot and Renault join forces with Volvo to design and build a V6
engine at La Française de Mécanique. Volvo withdraws from the venture in
1980.
1992: PSA Peugeot Citroën and Renault sign a technological and industrial
agreement to develop a new family of automatic transmissions.
1996: La Française de Mécanique introduces the new V6 Petrol engine for mid
and high-end Renault, Peugeot and Citroën models.
1997: The BVA self-acting automatic transmission is introduced, to be
manufactured at the STA plant in Ruitz and PSA Peugeot Citroën's plant in
Valenciennes at a cost to each partner of FRF1.4 billion.
2000: The partners introduce a new three-litre V6 engine to be gradually
installed in mid and high-end Renault, Peugeot and Citroën cars and
multipurpose vehicles. 26,800 units produced that year at La Française de
Mécanique.
Fiat
PSA Peugeot Citroën and Fiat have jointly developed and produced LCVs for
almost 30 years and more recently MPVs. The Sevelnord plant at Hordain,
northern France and the Sevelsud plant at Val di Sangro, Italy, have
produced over 3 and a half million LCVs since 1978 and more than half a
million MPVs since 1994. Recently a three-way agreement with Fiat and the
Turkish company Tofas was signed to jointly develop and produce a new
small LCV in Turkey.
History
1978: PSA Peugeot Citroën and Fiat sign their first cooperation agreement
to design and produce a LCV. This leads to the creation of a joint venture,
Société Européenne de Véhicules Légers (Sevel SpA).
1981: Production of large LCVs begins at Val di Sangro : the Fiat Ducato,
the Peugeot J5 and the Citroën C25.
1988: The partnership is extended to replace vehicles in production since
1981 and a new agreement is signed to design and produce a MPV.
1993: Production of small LCVs starts at Val di Sangro: the Citroën
Dispatch, the Peugeot Boxer and Fiat Ducato.
1994: The new Sevelnord plant is brought on stream to produce the Peugeot
806, Citroën Synergie, Fiat Ulysse and Lancia Z (Zeta). The Peugeot Expert,
Citroën Relay and Fiat Scudo (large LCVs) are added to the plant's
portfolio in 1995.
2002: Fiat Auto and PSA Peugeot Citroën sign an agreement to extend their
two companies' industrial cooperation for LCVs through to 2017, committing
around €1.7 billion to the manufacture of two new lines from 2005.
2005: Fiat, PSA Peugeot Citroën and Tofas sign a cooperation agreement to
develop and produce small, entry-level LCVs powered by especially fuel
efficient engines at the Tofas plant in Bursa, Turkey for rollout in 2008.
Destination: European markets. Annual production capacity will be 135,000
units, of which 2/3 for PSA Peugeot Citroën and 1/3 for Fiat including
Tofas. Total investment, including R & D and production start-up costs
estimated roughly at Euros 350 Million.
Ford
With a development and production investment of €1.22 billion, this joint
cooperation will see the 2 partners become the world's leading diesel
engine manufacturers in the short term, producing some 3 million diesel
engines in 2005 - more than 9,000 engines a day. The JV will produce and
market 4 families of common rail direct injection diesel engines;
1.4-litre, 1.6-litre, second-generation 2-litre, and 2.7-litre V6 engine,
plus a new family of engines for light commercial vehicles.
History
1998: PSA Peugeot Citroën and Ford Motor Company announce an agreement to
jointly develop a new family of small common rail diesel engines
incorporating the latest technologies. With a development target of two and
a half years, the new engine is to be manufactured at the Douvrin plant.
1999: An agreement is signed to extend the cooperation over four specific
phases:
" An extension of the family of small aluminium diesel engines
already being engineered by the partners
" Technological upgrades of a mid-sized second generation HDi engine
" A family of V-shaped diesel engines for both companies' luxury
vehicles
" An extended range of diesel engines with new technologies to equip
commercial vehicles.
2001: PSA Peugeot Citroën and Ford Motor Company introduce the first direct
injection diesel engine developed under their cooperation agreement.
Marketed as the 1.4 HDi by PSA Peugeot Citroën and as the Duratorq TDCi 1.4
by Ford, the engine is to equip PSA Peugeot Citroën Platform 1 and 2
vehicles and Ford's small and mid-range cars.
2003: With a further investment of nearly €1 billion, PSA Peugeot Citroën
and Ford introduce a new 1.6-litre and a 2-litre common rail direct
injection diesels to be manufactured at PSA Peugeot Citroën's Trémery plant
- northern France - and to gradually equip both partners' model lines in
the second half of 2003. PSA Peugeot Citroën have the lead in the
engineering production and production for the first 2 phases of 1.4, 1.6
and 2.0 engine families
Also announced is a new high performance 2.7 litre V6 diesel engine to be
produced at Ford purpose-built facilities at Dagenham in the UK. This new
engine will debut on a Jaguar model (the S type). The project represents
an investment of €350 million by Ford Motor Company and PSA Peugeot
Citroën. Ford has the lead and production responsibility for this V6
premium diesel engine and for the forthcoming range of LCV diesel engines.
2004: the 2 partners announce plans for expansion of diesel engine
production for the 1.4, 1.6 and 2.0 litre. Addition of production
facilities for 1.4 and 1.6 at Ford Dagenham from 2007, and for the 2.0 at
Volvo's Kovde engine plant in Sweden from 2006. This is a clear indicator
of the strength of the cooperation between Ford & PSA Peugeot Citroën.
Toyota
In 2001, the two groups signed a cooperation agreement to jointly develop
and produce 3 small cars to be marketed primarily to the European market -
The Peugeot 107, Citroën C1 and Toyota Aygo - at a brand new plant in
Kolín, 60 kilometres east of Prague in the Czech Republic.
Toyota has the responsibility of the major part of the developing of the
vehicles and of the construction of the plant. PSA Peugeot Citroën develops
the seats and the diesel engine installation and is responsible for project
procurement, selecting suppliers from both Groups' regular rosters but also
locally - approximately 80% of purchasing volumes, representing more than
50% of total sourcing value, come from the Czech Republic.
Production started in March 2005 at the Toyota Peugeot Citroën Automobile
(TPCA) plant in Kolin, which will have a capacity of 300,000 vehicles a
year - 200,000 units for Peugeot and Citroën and 100,000 for Toyota. The
project represents a total investment (R & D and industrial expenditure) of
around €1.3 billion and will employ some 3,000 people.
History
March 2002: Toyota Peugeot Citroën Automobile Czech (TPCA) is created.
October 2002: First stone is laid by Jean-Martin Folz, Chairman of PSA
Peugeot Citroën, and Fujio Cho, President of Toyota Motor Corporation. The
site will cover some 120 hectares and will offer complete vehicle
manufacturing facilities: stamping, welding, final assembly and painting.
December 2004: First official photos of the 3 cars are published: the
Peugeot 107, Toyota Aygo and Citroën C1 are revealed as modern
four-passenger vehicles.
February 2005: The first production models of the Peugeot 107, Toyota Aygo
and Citroën C1 roll off the TPCA assembly line. The vehicles go on show for
the first time on the eve of the Geneva Motor Show.
June 2005: TPCA officially opens.
BMW
In 2002, PSA Peugeot Citroën and BMW announced a cooperation to jointly
develop and produce a new family of small technically advanced petrol
engines in a new unit at La Française de Mécanique in Douvrin, north west
France. The engines will equip small and mid-size Peugeot and Citroën cars
and the BMW Mini from 2006. Total output expected: around one million units
a year, or 2,500 a day.
The new engine family is a significant move for both partners in fulfilling
the self-commitment assumed by European car makers within their European
Association (ACEA), promising to reduce fleet consumption and, as a result,
CO2 emissions to 140 g/km by the year 2008.
History
July 2002: PSA Peugeot Citroën and BMW Group announce that they have joined
forces to develop and manufacture a new family of small gasoline engines.
Peugeot, Citroën and future variants of MINI vehicles will be equipped with
the engines from this cooperation project. The BMW Group R&D department is
in charge of designing the engines with the common project team based in
Munich. PSA Peugeot Citroën will manage process development, engineering
for production, manufacturing as well as procurement.
January 2003: PSA Peugeot Citroën to manufacture the new family of small
gasoline engines at a new production unit within the Française de Mécanique
plant at Douvrin.
Developed on the same production model designed for the 1.4-litre HDi
common rail diesel engine, the highly integrated production unit comprises
machining lines for the main engine components (cylinder head, crankcase,
crankshaft, and connecting rod) and related assembly lines. The new unit
will cover around 60,000 square meters and represents an investment of some
€430 million. At full capacity, it will employ 850 people producing up to
2,500 engines a day.
December 2004: PSA Peugeot Citroën and BMW Group unveil the
state-of-the-art technologies deployed in their new gasoline engines. 2
engines at launch: A 1.6-litre 85 kW (115 hp) normally aspirated engine and
a 1.6-litre 105 kW (143 hp) direct injection, compressed turbo engine.
Mitsubishi
In February 2005 , PSA Peugeot Citroën and Mitsubishi sign a memorandum of
understanding for a partnership on a new SUV platform, with 30,000 vehicles
a year to be produced in Japan and sold under the Peugeot and Citroën
marques.
Scheduled for rollout in 2007, the Peugeot and Citroën versions will be
styled differently, but both will be equipped with the latest HDi diesel
engines fitted with the Group's Diesel Particulate Filter System (DPFS).
They aim to attract new customers in predominantly European markets.
