PSA Peugeot Citroen Says It Is Not Working With Mitsubishi on Hybrid Components
By John O'Dell July 10, 2009
One joint effort is, apparently, enough.
France's PSA Peugeot Citroen has issued a denial of a report for Japan's Nikkei business news that it is collaborating with Mitsubishi Motors on development of hybrid powertrain components.
"We deny the information...We have our own research into plug-in hybrids," PSA Peugeot Citroen sad in a statement.
The French automaker said the two companies will, however, continue their collaboration on a small electric vehicle that the French company would market in Europe.
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