for Ford and Peugeot
5th November 1998, Page 16
5th November 1998
Page 16
Page 16, 5th November 1998
— for Ford and Peugeot
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• Ford and Peugeot have agreed to collaborate in a joint venture to develop a new small diesel engine.
The companies will share the development costs, estimated to be £200m, of the Douvrin-built engine, which is expected to reach the market two-and-a-half years from now.
In a separate move, the New Year should usher in another collaboration when, it is reported, Toyota will begin using Peugeot diesel engines, starting with the Corolla car.