Toyota to sell rebadged Stellantis LCV in Europe

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Two of the biggest names in the industry, Stellantis and Toyota, announced their continued partnership with an agreement for a new large-size commercial van, including a battery electric version.

KEY TAKEAWAYS

  • When will the rebadged large-size LCVs be released?

    According to Stellantis, the large-size LCVs are scheduled for a mid-2024 release.
  • Where will the Stellantis LCVs be built?

    The large-size LCVs from Stellantis will be built in Stellantis-owned plants in Gliwice, Poland, and Atessa in Italy.
  • According to a press release from the Amsterdam-based conglomerate, Stellantis will supply Toyota Motor Europe with a new large-size commercial van to be sold under the Toyota brand in the region. The new commercial vehicle will be produced at Stellantis’ plants in Gliwice, Poland, and Atessa, Italy.

    “Operational excellence is by definition recognized in this expanded deal. With this third successful engagement, Stellantis is further demonstrating its expertise in the commercial vehicle segment and in developing battery electric technology built to support a full range of needs. This agreement strengthens our leadership in the EU30 for LCVs and low-emission vehicles and moves us a step closer to realizing our Dare Forward 2030 goal of becoming the undisputed global light commercial vehicle leader, in terms of technology, manufacturing, market share, and profitability,” said Stellantis CEO Carlos Tavares.

    The aforementioned large-size commercial vehicle will deepen the collaboration between the two firms. For Toyota, the expanded partnership will enable the European arm of the Japanese automaker to complete a full LCV line-up (compact-, mid-, and large-size LCV) in Europe. Meanwhile, both companies will benefit from development and production cost optimization.

    This large-size commercial vehicle is said to be planned for mid-2024 and will mark Toyota Motor Europe’s first entry into the large-size commercial vehicle segment.

    We are pleased that we can extend this successful partnership through the introduction of a new large-size commercial van. It represents an important addition and completes our light commercial line-up for Toyota’s European customers. The new LCV will represent a key contribution to Toyota’s growth targets for its overall LCV line-up, alongside the Hilux pick-up, Proace, and Proace City, enabling Toyota to provide a mobility solution in all segments of the LCV market,” said Toyota Motor Europe President and CEO Matt Harrison.

    Photo from Stellantis 

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