GM Vice Chairman, PSA CFO among the 10 top-level executives to manage new alliance

Article by Christian Andrei, on March 23, 2012

Ten top-level executives have been named to a steering committee that will manage the new alliance between General Motors and PSA/Peugeot-Citroen. These include GM Vice Chairman Stephen Girsky, PSA CFO Jean-Baptiste de Chatillon, GM CFO Daniel Ammann and GM Europe President Karl-Friedrich Stracke.

PSA’s representatives in this committee also include programs chief Jean-Christophe Quemard and purchasing chief Yannick Bezard. In a statement last Thursday, the partners divulged that joint projects will be launched before the end of 2012. Last month, PSA and GM entered a deal to share vehicle platforms and jointly buy parts and materials.

They are doing this to boost the size and the scope of their ranges, post billions in savings on purchasing, and revive their European operations as the result of their alliance.

The automakers said that the job of the committee is to oversee activities that are presently part of the alliance and any exploration of other potential areas of cooperation. PSA said that the date for when the committee will first meet has yet to be scheduled. GM and PSA are partnering to start sharing platforms, development duties and costs for cars in the B (subcompact) and D (mid-sized) segments.

Under the agreement, GM and PSA will need to have four products within the first four years that they are either manufacturing or have plans to go into production within the next18 months. It’s likely that GM will benefit from PSA's assistance on hybrid technology and the development of smaller models. Meanwhile, the French automaker can capitalize on GM's prowess in SUVs as both manufacturers aim to recover their fortunes in the European markets. [source: Autonews]

Topics: gm, psa, partnership

If you liked the article, share on:


Login or Create new account to add a comment!


It was only recently when BMW officially debuted the new 2017 5-Series Saloon (G30) online. At that time, this range revealed that it had driving dynamics that was the best...
by - October 26, 2016
Starting early 2017, the new Audi Q7 will be available with the new 2.0-liter TFSI four-cylinder engine that makes it not only faster but also lighter and more efficient than...
by - October 25, 2016
Soon, Fiat Chrysler’s Dodge brand will be ending the production of the Dodge Viper. So practically, the 2017 Dodge Viper will be the last Viper up for grabs. Gerry Wood...
by - October 25, 2016
Say hello to the fastest accelerating production car in the world: the new 2017 Tesla Model S P100D. Powered by a 100 kWh battery, this new model basically outruns almost...
by - October 25, 2016
Ever heard of the “Lynk & Co” automotive brand? Well, it is highly likely people haven’t. This is practically because this is new brand created by the joint venture between...
by - October 25, 2016