PSA: new chapter in partnership with Toyota

(CercleFinance.com) - PSA and Toyota today announced that they will "open the next chapter of their long-term partnership in Europe".


From the end of 2019, PSA will expand range of commercial vehicles supplied to Toyota Motor Europe NV/SA (TME) for sale in Europe under the Toyota brand by supplying TME,with a C-Van from its Vigo plant (Spain).

“The aim of the deepening collaboration is for both companies to use their respective strengths to offer both compact and mid-size light commercial vehicles in Europe, benefiting from development and production cost optimisation. Toyota will participate in the development and industrial investment costs for the future light-commercial vehicle," the group explained.



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