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0Report: Peugeot suggests expansion of ties with GM into other segments and technology 1332937680
The ink is only just dry on the contract detailing the collaboration between General Motors and PSA Peugeot Citroën, and already there is talk of going further. GM purchased a seven-percent stake in PSA to form an alliance that would work together on platforms, small and midsize cars, and ...
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Official: GM buys 7% stake in PSA Peugeot Citroën, creates global platform-sharing alliance 1330536540
General Motors has finally made a move to help its ailing European operations by tying its fortunes on the continent with those of PSA Peugeot Citroën. The two automakers have agreed to a new global alliance in which GM will buy a seven-percent stake in PSA, thereby making it the European ...
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