For Those of you not familiar with European Automakers, PSA is the second-largest automaker in Europe specificities, after Volkswagen Group sold 1.68 million vehicles and There In 2011.
The Proposed alliance reportedly Would Have Benefits For Each side huge. GM sold 1.17 million vehicles only in Europe last year. PSA Peugeot Citroen GM Could help build engines, transmissions, and vehicles for sale in Europe from under the Opel and Vauxhall brands. GM Could Improve ict help PSA market share in China and Markets like Brazil, and Possibly the US aussi The last time PSA cars sold here from under the Peugeot name WAS in 1992.
The Two companies announce a partnership Could at the Geneva Motor Show in March.
It Would not Be The First Time That a French automaker and GM Have Tried to ESTABLISH joint venture efforts. GM works with Renault-Nissan to sell some vans in Europe, Which are branded as the Opel / Vauxhall Vivaro, as well as the Renault Trafic and Nissan Primastar.
PSA partnered with BMW HAS aussi to provide statement engines for the Mini brand, with Mitsubishi and Peugeot to sell-and Citroën-branded versions of the i-MiEV electric car, along with the Outlander and Outlander Sport crossovers.
A General Motors Automotive News Spokesman Told That Had No how the company. A press release from PSA Peugeot Citroen Confirmed That "Taking up discussions are" goal Said "there Can Be No certainty at this internship thesis discussions That Will result In Any agreement."
