PSA and Dongfeng will develop platform for compact cars
The PSA Group and its Chinese partner Dongfeng Motor will jointly develop a platform for ultra-compact and compact models for the Peugeot, Citroën, DS and Dongfeng brands.
The Common Modular Platform (CMP) will become operational starting in 2018 and it can be used to develop the future generations of cars in the B and C segment.
The companies will spend 200 million euros on the project with 60 percent of the expenditure committed by PSA. The automakers will open a joint technology center in Shanghai to develop cars for Asian markets.