Peugeot, IBM working to connect cars to shops and servicing

April 22, 2015 1:58 PM

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Peugeot, IBM working to connect cars to shops and servicing

FRANKFURT (Reuters) - PSA Peugeot Citroen (PEUP.PA) and IBM (IBM.N) are working together to hook cars up to the Internet, going beyond mapping and infotainment to link vehicles up to shops, service networks and urban transport grids, the companies said on Wednesday.

Financial terms of the new, seven-year partnership were not disclosed. The agreement to develop new types of valued-added services for vehicles builds on an initial partnership between the automaker and technology consultant announced a year ago.

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