Regards Peter
Peter Lomas
After reading this not sure Who owns Who ???
PSA holds a collaboration agreement with Fiat known as Sevel (Société Européenne de Véhicules Légers SpA, owned 50% by Fiat, 25% by Automobiles Peugeot and 25% by Automobiles Citroën). As a result of this, two factories have been built assembling three ranges of vehicles, Sevel Nord and Sevel Sud.
There is a more recent agreement with Toyota Motor Corporation for the development and manufacturing of a series of city cars in a new factory in the Czech Republic. The resulting company is called TPCA (Toyota Peugeot Citroën Automobile) and it currently manufactures the Citroën C1, Peugeot 107 and Toyota Aygo.
There is also a new agreement with PSA and BMW; the new Prince engines designed by this joint venture will replace current PSA's TU engine family.
In 2005, PSA Peugeot Citroën formed an alliance with Mitsubishi Motors. Under the deal, PSA Peugeot Citroën will import the Citroën C-Crosser and Peugeot 4007 for sale in Europe. Those two models are based on the Mitsubishi Outlander, and will be assembled at Mitsubishi's plant in Okazaki, Japan. Engine choices will include PSA Peugeot Citroën's diesel engines and Mitsubishi's petrol engines.
PSA also supplies Ford with a 1.6l Diesel engine used in the Ford Focus and the Volvo S40.
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