After a lot of he loves me, he loves me not, GM and Peugeot PSA finally took their fledgling 7 percent relationship a few concrete steps forward. At least on paper. GM and PSA will not just buy new parts together. They will share platforms, the key to make joint purchasing work. The timing of this announcement, coinciding with a bailout by the French government, however is a bit unfortunate.
According to a statement published today, PSA Peugeot Citroen and General Motors agreed on the following projects:
- A joint program for a compact-class Multi-Purpose Van for Opel/Vauxhall and a compact-class Crossover Utility Vehicle for the Peugeot brand.
- A joint Multi-Purpose Vehicle program for the small car segment for Opel/Vauxhall and the Citroen brand.
- An upgraded low CO2 small car segment platform to feed Opel/Vauxhall’s and PSA’s next generation of cars in Europe and other regions.
- A joint program for mid-size cars for Opel/Vauxhall and the Peugeot and Citroen brands.
The first vehicles on these common programs will be launched by the end of 2016.
Germany’s Automobilwoche [sub] snidely remarks that “basically, these four segments had been envisaged since the alliance was announced last spring.” True savings could be achieved if these joint models would be manufactured in joint plants, but Opel did not want to comment on that.