Toyota and PSA to end joint production of city cars from 2021
Toyota has struck a maintain PSA to take sole monetary possession of the Toyota Peugeot Citroen Automobile plant in Kolin by way of 2021 – production website online of the Toyota Aygo, Citroen C1 and Peugeot 108 city cars.
The Japanese corporate states that it absolutely intends to proceed employment and building of the Peugeot 108, Citroen C1 and Toyota Aygo on the plant, which produced a complete of 199,000 automobiles in 2017.
The Kolin joint challenge opened in 2002, with the first-generation Aygo, C1 and the Peugeot 107 launching in 2005. Second-generation variations of the automobiles have been introduced in 2014.
At the similar time, the corporations have introduced that from overdue 2019, PSA will provide Toyota with the Berlingo’s C-Van platform, including a compact mild industrial automobile to Toyota’s European line-up
Toyota and PSA began their collaboration at the building of mild industrial automobiles in 2012, with the Toyota Proace, Citroen Dispatch and Peugeot Expert being the outcome. The joint challenge produced 135,000 automobiles for the three manufacturers at Group PSA’s plant in Hordain, France.
Later subsequent yr, the partnership between Toyota and PSA will make bigger, enabling Toyota to be offering a compact van according to the Citroen Berlingo and Partner platform. The goal being for the events to get advantages from an identical production and construction price optimisation to that completed by way of the present mid-sized van deal.
The Executive Vice President of Toyota Motor Corporation, Didier Leroy, marked the settlement mentioning: “Our settlement lets in every corporate to play to its energy, whilst sharing era and construction prices. Our dedication to the Kolin plant demonstrates Toyota’s philosophy of generating cars the place we promote them and our long-term production presence in Europe.”
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