Peugeot family rules out taking GM stake

Peugeot family rules out taking GM stake

The family controlling PSA Peugeot Citroen has ruled out the prospect of taking a stake in US auto giant General Motors, the newfound partner of the French carmaker, because the two will remain rivals.
GM, Peugeot team up to cut costs

GM, Peugeot team up to cut costs

US auto giant General Motors and PSA Peugeot Citroen of France on Wednesday unveiled a global cooperation deal aimed at slashing costs for both and boosting their competitiveness in Europe.
Peugeot, GM discuss 'strategic partnership'

Peugeot, GM discuss 'strategic partnership'

Leading French carmaker PSA Peugeot Citroen is in talks with US giant and world number one General Motors on forming a "strategic partnership," French Labour Minister Xavier Bertrand said Wednesday.