Fleet News

PSA in move to streamline production and development costs

INITIATIVES to reduce research and development costs and increase the use of shared production facilities have been revealed by the French-based PSA Group - parent company of Peugeot and Citroen. The developments, announced this week, will not impact on the brand image of either marques and both Peugeot and Citroen will retain separate customer-facing operations.

However, the two companies, which already share some engines, platforms and other parts will forge closer links in a bid to increase profitability, revitalise innovation and renew growth.

The move has a hint of Volkswagen Group about it where platforms, engines and other parts are used across all four of the company's brands - Audi, SEAT, Skoda and Volkswagen. Long-term PSA aims to create three separate platforms for Peugeot and Citroen cars and light utility vehicles, a platform for sub-assemblies such as engines and transmissions and a co-operations platform for MPVs.

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