In a brief statement the two automakers said negotiations were at an advanced stage and that Jean-Martin Folz, CEO of PSA Peugeot Citroën, plans to visit Japan next week in order to finalise the agreement.
Separately on Friday, MMC announced a new revitalisation plan which said that a vehicle procurement deal would be finalised with PSA in February.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.