Peugeot and Mitsubishi Team Up to Build New Sedan in North America?
Monday, July 9th, 2007
After being dumped by DaimlerChrysler, thereby having ties with smart and Chrysler Group itself severed, Mitsubishi Motors has been on the lookout for a new partner to help its return to profitability and growth. It has looked and found a new and willing partner from France, PSA Peugeot-Citroen group. Currently, PSA sells rebodied versions of the Outlander (Peugeot 4007, Citroen C-Crosser), enabling the French company to produce and sell its first SUV in exchange for supplying Mitsubishi with turbodiesel engines to power its products. It has been suggested by American auto magazine Motor Trend that there’s much more in store for this partnership.