PSA and Changan to develop one-tonne pick-up by 2020
Groupe PSA and Chinese automobile brand Changan are to develop a new vehicle platform to support development of a one-tonne pick-up by 2020.
The announcement follows the signing of a framework agreement between the two firms in August and would see the pick-up offered in the first stage to Chinese customers and Groupe PSA overseas markets.
No technical details were released but the brands said it would “meet the most stringent worldwide regulations and customer’s expectations with a very strong design and uncompromised quality and durability”.
Patrice Lucas, EVP of programs and strategy at Groupe PSA, commented: “This new product, which is complementary to the Peugeot pick-up recently launched in Africa, is in line with the core model strategy of Groupe PSA and will support our come back on this growing market segment. It will contribute to achieve the objectives set for the Push to Pass plan regarding LCVs with a target to increase volumes by 30% by 2018 and triple overseas volumes by 2021.”