Peugeot Shifts Citroen Minivan Production to GM Factory
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PSA Peugeot Citroen will shift production of a compact minivan to a General Motors Co. factory in Spain as the two carmakers seek to deepen cooperation to stem losses in Europe.
GM’s Opel division will build a new generation of a jointly developed small multi-purpose vehicle at its Zaragoza factory, starting in late 2016, the companies said in a joint statement today. Peugeot, which currently builds the Citroen C3 Picasso small van in Trnava, Slovakia, will supply the engines and transmissions for the vehicles.