UPDATE 1-Tofas, PSA, Fiat to make light vehicles in Turkey

Newswire

(Adds quotes and background; previous dateline PARIS) By Birsen Altayli ISTANBUL, March 31 (Reuters) - Turkish vehicle maker Tofas signed an agreement with France's PSA Peugeot Citroen and Italy's Fiat on Thursday for the joint development and production of light commercial vehicles. The new vehicle, named Minicargo, is scheduled for rollout in 2008 and will extend the current Peugeot, Citroen and Fiat product ranges, PSA said in a statement in Paris. Tofas, a joint venture between ...

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