PSA Peugeot Citroen and Toyota Motor Europe have unveiled the products of their cooperation deal inked in 2012 – the new Citroën SpaceTourer, Peugeot Traveller, and Toyota ProAce. The unveiling serves as the continuation of the carmakers' 2012 cooperation agreement signed in 2012.
They had agreed at the start of their cooperation that both would collaborate on next generation vehicles until beyond the end of the decade.
Their collaboration is aimed at making both PSA and Toyota come up with a competitive product in the mid-size, light commercial vehicle, shuttle and Combi segments while incurring lesser expenses due to development and production cost optimization.
Toyota Motor Europe took part in the development and shared industrial investment costs for the new vehicles. The new vehicles -- Citroën SpaceTourer, Peugeot Traveller, and Toyota ProAce -- are manufactured at PSA's Sevelnord site in Valenciennes, France and share all technical features, powertrains and equipment.
However, each vehicle features a unique styling that makes use of each brand's design language. The new Citroën SpaceTourer, Peugeot Traveller, and Toyota ProAce could be availed in MPV versions for private use and in shuttle versions for business use.
Patrice Lucas, PSA Peugeot Citroën Head of Programme and Strategy, expressed delight in presenting the three new vehicles resulting from their collaboration with Toyota Motor Europe. He remarked that the cooperation agreement has allowed them to develop a new and efficient vehicle platform to offer customers with modern products that are competitive in their segment.
TME President and CEO Johan van Zyl remarked the company is pleased that their collaboration with PSA has resulted to the new generation Toyota ProAce. He added that the ProAce, with all its variants, will further boost Toyota's light commercial vehicle offerings in Europe as it will complement the carmaker's range of solid and durable vehicles.
The new Citroën SpaceTourer, Peugeot Traveller, and Toyota ProAce are scheduled for launch in the first half of 2016 and will be showcased at the stands of Citroen, Peugeot and Toyota at the Geneva Motor Show in March 2016.