Toyota and Peugoet wheel out mini models

1st December 2004, Comments 0 comments

PRAGUE, Dec 1 (AFP) - Carmaker PSA Peugeot Citroen and Toyota Motor Corporation unveiled on Wednesday pictures of the three new models to be manufactured at their TPCA joint venture plant in the Czech Republic.

PRAGUE, Dec 1 (AFP) - Carmaker PSA Peugeot Citroen and Toyota Motor Corporation unveiled on Wednesday pictures of the three new models to be manufactured at their TPCA joint venture plant in the Czech Republic.

The Peugeot 107, Toyota Aygo and Citroën C1 are to be manufactured on a single production line at a new plant in Kolin, 60 kilometres (40 miles) east of Prague.

The three models will be between 3.405 and 3.429 metres long, between 1.615 and 1.63 metres wide and between 1.465 and 1.470 metres high.

In a joint statement PSA and Toyota said they had decided at this stage of the venture to unveil the vehicles' look.

"After three years of working together we have closed another stage of the joint project. Its purpose is to produce three new models in the small vehicles category destined for the European market," they said.

TPCA spokesman Jan Valtera said that the vehicles would be presented at the Geneva Motor Show next March, the same months that production was due to be launched.

"We decided from a marketing point of view that the time was right to unveil the models. It has also been an expensive exercise for us to keep the designs secret," TPCA spokesman Jan Valtera told AFP.

The EUR 1.5 euro (USD 1.9 million) plant will have an annual capacity of 300,000 units - 200,000 for the Peugeot and Citroen brands and 100,000 for the Toyota brand.

Once fully up and running, the single production line will manufacture 300,000 cars per year, separately badged as Toyota, Peugeot and Citroen models.

The price of the vehicles was not given.

TPCA already employs 1,500 people and by September 2005 that number should double to 3,000.

© AFP

Subject: French News

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