PSA and Toyota Agree on Building Light Commercial Vehicles in Europe

PSA PeugeotPeugeotFrance, 1882 > present120 models
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7 videos
-CitroënCitroënFrance, 1919 > present94 models
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and ToyotaToyotaJapan, 1937 > present155 models
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have agreed to work on light commercial vehicles together in Europe. 

In the near term, the Peugeot ExpertPeugeot Expert Gen.2France, 2007 > present89 versions
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and Citroën JumpyCitroën JumpyFrance, 2007 > 201637 versions
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will be sold to Toyota who will rebadge them to sell in Europe. However, the two groups will cooperate engineering the next generation of LCVs. Both sides say that the collaboration will last beyond 2020. While both companies will develop the trucks together, there are no plans to build them together in the same factories. 

“By joining forces with PSA Peugeot Citroën, we have found a good solution for our loyal customers following the recent discontinuation of our own HiaceToyota HiaceJapan, 2004 > present13 versions
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model.  We already enjoy a successful joint-venture partnership with PSA Peugeot Citroën in the small car segment and they are a leader in the European light commercial vehicle market," said Toyota Motor Europe President and CEO Didier Leroy.