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Joint Venture - Italy - Fiat, Peugeot Extend Cooperation With Trucks, Parts
Rome,Italy -Bloomberg -May 11, 2006: -- Fiat SpA, Italy's biggest manufacturer, and PSA Peugeot Citroen said they've extended their partnership, spending 1.1 billion euros ($1.4 billion) on a new line of utility trucks and agreeing to build gearboxes in Argentina... Peugeot, will sell Boxer and Citroen Jumper models built at the Val di Sangro joint-venture factory in Italy, while Fiat will market a new version of the Ducato truck... The companies have had a joint venture for utility trucks since 1978...
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