April 22, 2015—PSA Peugeot Citroën and IBM have agreed to a partnership deal for connected-car services that go beyond current navigation and infotainment offerings.
Financial terms of the seven-year deal were not disclosed. The agreement to develop new types of value-added services for vehicles builds on an initial partnership between the automaker and technology consultant announced a year ago.
The companies said in a joint statement they plan to develop services within vehicles, for drivers and passengers, as well as back-end applications that, for example, could perform preventive car maintenance and traffic management functions.
