Dongfeng buys into Peugeot. Is this good news for France? Who will be in control? What will happen to French jobs? Will Hollande's Responsibility Pact fail?
France's PSA Peugeot Citroën's board approved a tie-up with Chinese carmaker Dongfeng and the French state on Tuesday.
French car manufacturer PSA Peugeot Citroen is having a hard time due to the economic downturn in the eurozone. The slump in car sales has led to closures and a wave of redundancies.
The French dailies are all about the French carmaker PSA Peugeot Citroën and its alliance with the French state and a Chinese investment consortium...
Shares in French carmaker PSA Peugeot Citroën plunged 5.44 per cent on Monday, following the announcement of a radical tie-up its capital with Chinese Dongfeng and the French state. The ...
Shares in French carmaker Peugeot plummeted on Friday after the US's GM announced it was selling its seven per cent stake in the company.
Despite economic crisis and the Socialist government’s austerity programme, France’s 500 richest people have seen their wealth rise by a quarter in a year, a business magazine reports.
French automaker PSA Peugeot Citroen opened a new plant in central China, vowing to raise its share of the world’s biggest car market.
Sales of new cars in France fell by 11.3 percent in the first six months of the year, hitting the Peugeot group particularly badly, according to trade figures released on Monday.