PSA and Ford to build Euro 6 diesels under strengthened partnership
The firms said that the new diesel line-up will deliver improved fuel economy, reduced CO2 emissions and enhanced performance. The first engines will go into production in 2013.
The overall investment for the R&D involved is estimated to be in the region of €300 million (£258 million) and will be shared between Ford and PSA.
Ford and PSA have already been working together for the last decade under the Gemini Project and have built approximately 16.5 million diesel engines together over the past decade.
Philippe Varin, chairman of the Managing Board of PSA Peugeot Citroen, said: 'The co-operation has given both PSA and Ford shared access to diesel engine technologies, while delivering scale advantages. But perhaps the real success of the Gemini Project lies in the way that cross-functional and cross-company teams – based in Britain, Germany and France – have worked together to develop a highly successful and acclaimed range of market-leading diesel engines.
'By reaffirming and strengthening our co-operation, we are ensuring that we will continue to be at the forefront in meeting future CO2 challenges.'