Report: GM will not share its advanced hybrid technology with Peugeot

Article by Christian A., on July 13, 2012

It’s not probable that the advanced technology in environment-friendly cars such as General Motors' Chevy Volt and PSA Peugeot Citroen's 3008 HYbrid4 would be shared between the two companies because of the alliance, according to Opel development chief Rita Forst.

At a recent industry conference in Munich, Forst said that she can’t imagine that any of the two companies would produce cars that use the other’s technology. According to industry experts, halo products such as the Opel Ampera extended range hybrid electric vehicle (which is sold in the U.S. as the Volt) is vital for the brand to be able to exhibit leadership and innovation.

In addition, these products help to boost demand for core volume models since customers would go to showrooms to look at the Ampera or the 3008 diesel hybrid but they would instead buy the less expensive Opel Astra or Peugeot 208. Toyota's Prius, the first full hybrid that has achieved commercial success, contributed in the transformation of the automaker’s image from being a latecomer in the development of future trends into one of the greenest brands in the industry.

Forst said that there are certain technological genes that a manufacturer can’t share because of unique selling points that have to be guarded. In late February, a global alliance was entered by GM and Peugeot as they hope to achieve a combined decline in annual costs of a minimum of $2 billion by sharing chosen platforms, modules and parts on a global basis.

If you liked the article, share on:

Comments

Recommended

Kia is taking things a step further with the new Kia Stinger, which they first introduced at the 2017 Detroit Auto Show. With the specs given to us by the...
by - June 25, 2017
Earlier this week, Nissan revealed a teaser of the new 2018 LEAF’s interior, giving us an idea of what the electric vehicle has to offer. The company released a video...
by - June 25, 2017
The primary suggestion of a 4x4 ute from French company Peugeot was first revealed in 2016. Fifteen months later, the production version is launched. Now, Peugeot is not shying away...
by - June 24, 2017
The new Jaguar E-Pace crossover will soon hold its official launch on July 13 and is expected to arrive at the showrooms by early next year. It couldn’t have come...
by - June 24, 2017
As prices of the original Shelby Cobra have skyrocketed into astronomical proportions, there are firms like Superformance that serve replicas to consumers who demand the same levels of performance at...
by - June 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries