PSA Peugeot Citroen and General Motors laid out a strategy on Thursday to broaden their joint venture in Europe into a global alliance, but have abandoned the idea of joint models for the luxury market.
Under the strategy announced on Thursday, the two boards have accepted three of four projects for the joint development of models.
The first program is for a so-called monospace vehicle under the Opel/Vauxhall names and a crossover utility vehicle (CUV) under the Peugeot brand. These will replace the Opel Zafira and the Peugeot 3008.
The second program is for a small monospace vehicle for the two groups, and the third is for a modernized platform for small, low-emission cars for the Opel, Peugeot and Citroen brands and for sale in Europe and on other markets.
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