Pininfarina, Cecomp, Véhicules Electriques Pininfarina-Bolloré and Bolloré have signed an agreement for car production for Autolib’s car sharing service in France.

The deal – that is subject to union agreement – will see Pininfarina lease production of 4,000 vehicles to Cecomp.

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The cars will form part of the vehicle sharing service due to start in Paris from this October as well as 40 other municipalities in the Ile-de-France district.

“This contract will be effective upon completion of the trade unions consultation procedures and will be in effect until 31 December 2013, for a total value of EUR14m,” (US$19.5m) said the company in a statement.

For the full press release, please click here.

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