Steve Girsky, GM Vice Chairman, and Philippe Varin, Chairman of the
PSA Peugeot Citroën Managing Board, responded to questions from
journalists during a meeting organized at the Maison de l'Automobile in
Brussels today.
Steve Girsky, GM Vice Chairman (right), and Philippe Varin, Chairman of the PSA Peugeot Citroën Managing Board |
As indicated by both groups on December 20, 2012, the final
agreements concerning purchasing, logistics and the development of
common vehicle projects were signed in line with the initially announced
schedule.
Tasks and responsibilities with respect to the joint product
development programs have been fairly and evenly distributed, in a
commitment to enabling both partners to gain maximum advantage from the
collaborative venture:
- The C-segment multi-purpose vehicle for Opel/Vauxhall, the C-segment
crossover utility vehicle for the Peugeot brand and the B-segment
multi-purpose vehicles for both carmakers will be developed on PSA
Peugeot Citroën platforms.
- GM will lead the development of B-segment multi-purpose vehicles for both Groups.
- The updated B-segment platform for low emission vehicles, designed for the new generation of Opel/Vauxhall and PSA Peugeot Citroën cars in Europe and beyond, will be co-developed by both partners.
Joint purchasing organisation in Europe
Both companies had also signed a definitive agreement related to
Purchasing. All relevant regulatory approvals were received in the
meantime and the joint purchasing organization (“JPO”) will become
operational shortly. In the transition phase leading up to the start-up
of the JPO a GM executive will be appointed as an implementation
executive in charge of putting the structures of the joint purchasing
organization into place. After a maximum of one year the implementation
Executive will be replaced by a Vice President Purchasing and a Deputy
Vice President Purchasing – one from each company on a revolving basis.
Further Global Initiatives
GM and PSA Peugeot Citroën also confirmed their intention to develop
new global projects to broaden their alliance and seize new
opportunities. In this regard, they are exploring opportunities in
growth markets including Latin America and Russia, which represent
priority regions for both Groups.
In addition, the two Groups are aiming to jointly develop a new
generation of small, fuel-efficient, high performance three-cylinder
petrol engines, derived from PSA Peugeot Citroën's EB line of small
petrol engines.
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