Peugeot-Citroen Teams Up With Karsan
Friday, September 21st, 2007
There have been so many takeovers this year that people are starting to lose count. Which is why it is refreshing to hear about an alliance between PSA Peugeot-Citroen and the Turkish automotive company Karsan. At this time they have signed the letter of intent to make mechanical parts for commercial vehicles. There is a very big chance that the the two companies will be putting the vehicles together at Karsan’s plant in Bursa, Turkey.
Karsan is assembling the Peugeot Partner utility vehicle for PSA in Bursa at the moment and has developed an extended version. PSA said the letter of intent was signed as part of its recent CAP 2010 plan that aims to boost vehicle model roll-outs to strengthen the group’s presence on fast growing markets Peugeot-Citroen is already present in Turkey with Italy’s Fiat Automobile and Turk Otomobil Fabrikasi (Tofas), another Turkish car maker to develop and produce small entry-level commercial vehicles for the European market.
These vehicles are expected to go on sale in the coming weeks, under the Citroen, Peugeot and Fiat badges. The original plan outlined in 2005 called for production of up to 135,000 vehicles a year at Tofas’ assembly plant at Bursa, but they will probably make more. The vehicles are set to be released in 2008.
The original idea was to create around 135,000 of these vehicle, but there are talks of making more. We can expect to see them within a few months under the guises of the Citroen, Peugeot, and Fiat badges.
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February 4th, 2008 at 4:10 am
Eric
To all the uninitiated out there - read this and take heed. This is good stuff. Thanks.