More stories related to Geneva Motor Show Toyota Motor Corp. will unveil its Aygo small car at this week’s 2005 Geneva auto show.

The new model, making its world debut, is the result of Toyota’s collaboration with PSA Peugeot Citroen to build entry-level passenger cars for the European market.

Production of the Aygo (“I go”) at Toyota and Peugeot’s joint venture plant in Kolin, Czech Republic, is just getting under way. The Aygo will make up 100,000 units of the plant’s 300,000 annual output. (See related story: Toyota, PSA Give Glimpse of New Small Cars)

The Peugeot 107 and Citroen C1 will account for the remaining capacity at the plant. All three models share a common platform and certain structural components, parts and subassemblies, but have unique front fascias.

Toyota Aygo

Toyota’s engine plant in Walbrzych, Poland, will build the 1L gasoline engine for the vehicles, while Peugeot will supply the 1.4L diesel engines.

Investment in the small-car project is estimated at €1.5 billion ($2 billion), including research, development and production start-up costs.

Also in Geneva, Toyota will debut two new 2.2L D-4D diesel engines for its Avensis model.

Toyota says the first of the two engines features its Clean Power concept, utilizing Toyota’s Diesel Clean Advanced Technology (D-CAT). It has “the smallest combined (nitrogen oxide and particulate) emissions among all diesel engines on the market,” says Toyota.

The first 2.2L produces 174 hp and 400 Nm (295 lb.-ft.) of torque from 2,000-2,600 rpm. The second develops 148 hp and 310 Nm (229 lb.-ft.) of torque between 2,000 and 3,200 rpm.

Toyota promises low fuel consumption that is “unmatched by other units of similar power.”