Let $(P, X, \pi, G)$ and $(P', X, \pi', G')$ be two principal bundles (with Lie groups $G$, $G'$ respectively). Given a vector space $V$ and representations $\rho, \rho'$ of the Lie groups in this vector space that they satisfy $\rho(g) \rho'(g') = \rho'(g') \rho(g)$ for $(g, g') \in G\times G'$ , consider the associated bundles $\xi = (P \times_{\rho} V, X, V)$ and $\xi' = (P' \times_{\rho'} V, X, V)$. If I make the "product bundle" (David Bleecker Gauge theory and variational principles page 90-91)
$$P \circ P' := \{(p, p') \in P \times P'| \pi(p) = \pi'(p')\},$$ will be the associated vector bundle
$$P \circ P' \times_{\rho \times \rho'} V$$ related to the tensor bundle $\xi \otimes \xi'$ in some way? If they are related, what is this relation?
I have this doubt because, in gauge theory, some authors use tensor product of vector bundles to get a final vector bundle and others using the "product bundle" mentioned above, and I want know if this things are equivalent, but I don't find this in none place.
Appreciate.