Ford and PSA are further building on their 10-year co-operation on diesel engines with a new agreement on a sixth phase to their Gemini partnership: the development and production of next-generation Euro 6-compliant engines.
This new agreement covers a range of Euro 6-compliant diesel engines for car and commercial vehicle use. This new range of diesel engines will deliver improved fuel economy, reduced CO2 emissions, and enhanced performance attributes. The first engines will go into production in 2013.
The companies expect that the overall investment for the R&D project associated with this Sixth Phase of the Gemini co-operation could be in the region of €300 million (US$409 million) and will be shared between Ford and PSA.
Together, the companies have built approximately 16.5 million diesel engines over the past decade, and have a current annual build volume up to a potential three million engines.