Peugeot to Make Light Commercial Vans for Toyota Brand in Europe
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PSA Peugeot Citroen and Toyota Motor Corp. signed an agreement for the French carmaker to supply light commercial vehicles to the Japanese auto manufacturer to sell under its own brand in Europe.
Peugeot will provide medium-sized vans derived from its existing Peugeot Expert and Citroen Jumpy models in the second quarter of 2013, the carmakers said today in a statement. The accord, which includes collaboration on future vehicles to be made by Peugeot, may extend beyond 2020, they said.