Peugeot is planning a dual assault on Europe's burgeoning compact minivan segment. The French carmaker is preparing a seven-seat rival to the Opel/Vauxhall Zafira, and a smaller model that will compete with the Toyota Yaris Verso.
Peugeot's seven-seat compact minivan is tentatively called the Multibreak. It will be part of a family of 307-badged vehicles that will succeed the current 306 range in late 2001 or 2002.
The seven-seater will head off forthcoming compact minivans from archrivals Ford and Volkswagen.
Peugeot also has plans for a small minivan based on the upcoming 107. Supplier sources say the 107, the successor to the current 106, will come in a monospace configuration lacking a central B-pillar. This will give Peugeot the flexibility to produce several model variants.
The new Peugeot 107 monospace will be made at PSA's Poissy, France, plant in 2003 at a potential volume of nearly 1,000 units a day, sources say.
Volvo S80 recall
Volvo has recalled 116,000 of its flagship S80 sedans to replace a ball joint in the front suspension that may malfunction under excessive wear.
The recall affects cars from the 1999 and 2000 model years. 'Later cars are not affected,' said Claes Rydholm, Volvo press officer.
Volvo discovered the problem through its quality tracking system. In a few instances the joints cracked at low speed and one of the front wheels twisted at an unnatural angle, Rydholm said. No accidents or injuries have been caused by the problem, he said.
Volvo customers around the world will be notified by their respective national importer about procedures for getting the ball joint replaced.
Volvo declined to specify the cost of the recall.
Rieter Thai licensee
Switzerland-based Rieter Automotive Systems, a leading supplier of noise control, thermal insulation and interior trim components, has signed an agreement with Thai seating group Summit Auto Seats Industry Co. Ltd. for local production of NVH (noise, vibration, harshness) products and heat shields for vehicle manufacturers active in Thailand.
Summit Auto Seats has sales of $225 million, and Rieter Automotive Systems sales of $1.1 billion.