GM Will Tie Up With Peugeot-Citroen

Started by IL, Mar 01, 2012, 05:15 AM

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IL

Mar 01, 2012, 05:15 AM
General Motors will pay around $400 million for a 7 percent stake in French automaker PSA Peugeot Citroen as part of a global alliance that will see the two companies collaborate on vehicle platforms, components and purchasing.

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