With Toyota looking for a way to re-enter the light-commercial van segment in Europe after suspending sales of the HiAce and the PSA Peugeot Citroën group searching for a partner for its Sevelnord plant in northern France after the Fiat Group pulled out of a joint venture there, the two automakers took the decision to collaborate.
As part of the deal announced today, the French group will supply Toyota with light commercial vehicles for sale in Europe under its own brand, including the Peugeot Expert and Citroën Jumpy, starting from the second quarter of 2013.
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