GM & PSA Peugeot Citroen alliance on the skids as PSA backs out of the B-segment project

by SpeedLux

It seems that not all is well between the alliance of General Motors and PSA Peugeot Citroën as the latter company has recently put the B-common platform project under review.

While that may not sound really anything big or bad, a PSA spokesperson Jean-Baptiste Thomas told one of the auto magazine that further analysis done by them showed that the business model just wasn’t there for the Peugeot 208, Citroen C3 and Opel / Vauxhall Corsa replacements.

PSA spokesman did not comment on the news but did confirm that they had other projects under review. He said that some of the projects were not economically feasible, and which is why they were being dropped, but they were taking the projects one-by-one and examining their economic feasibility first as of now.

Despite the turn of events, PSA has states that they are still committed to developing crossovers and MPVs with General Motors. The companies also have a joint purchasing organization which has helped PSA save an amount of around € 60 (approx $ 82.7) million in just this year itself and they hope the benefits should continue in coming period as well.

Have a look at picture gallery.

Office workers are made up of parts of the whole, working on the project.
Vector illustration of teamwork concept. Office workers are made up of parts of the whole, working on the project.
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