PSA Group of France and Fiat-Chrysler (FCA) announced their merger earlier this year forming the fourth largest car company in the world. One of the aims of the merger was to reduce the cost of development of new models. Now the merged entity has announced that 70% of their vehicle spawning B, C and D segment cars and crossovers would share two common platforms.
Both the platforms have been developed by the PSA Group and have been selected as they are more modern than the platforms available with FCA. The EMP1 platform shall be used for B segment and entry level C segment cars and cross-overs while the EMP2 platform would be used for the C and D segment cars and cross-overs.
The PSA-FCA combine owns 12 brands. As of now all brands would be retained. Some of the brnads are Peugeot, Citroen, DS, Vauxhaul, Opel, Fiat, Jeep, Chrysler, Dodge, Alfa Romeo, Maserati etc. Around 2.6 million cars would be based on the EMP1 platform, while 3 million cars would be based on the EMP2 platform.
The C5 Aircross to be launched in India is based on the EMP2 platform.