General Motors and PSA Peugeot Citroen have announced plans for four new joint vehicle projects as part of a new alliance announced earlier this year.
Also, the upgrade of an existing small car platform and a new mid-size platform are set to spawn models for all brands involved.
As announced previously, the first of these models is expected to be launched by late 2016.
The two automotive giants also plan to capitalise on their combined purchasing power, with this synergy and the joint vehicle projects expected to deliver combined savings of US$2 billion (AU$1.93 billion) annually within the next five years.
Further integration options are being explored, though this most recent announcement appears to dispel previous whispers of a wholesale merger of Opel and Peugeot.
Keep an eye on TMR for any further updates on these new GM/PSA models.
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