Peugeot maker PSA Group said it is preparing to sell its 50% stake in an eight-y...
The announcement in Paris on Thursday came after Changan also signaled in regulatory filings earlier this month that it was seeking a buyer for its half of the Shenzhen-based venture known as CAPSA, which builds cars under PSA’s premium DS brand.
It also plans to cut jobs and drop two of the four assembly plants it shares in a larger join venture with China’s Dongfeng Group , which builds Peugeot and Citroen cars, Reuters reported in August. The partners planned to continue building DS-branded cars at the Shenzhen plant, a China-based PSA spokesman said on Friday.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
PSA readying sale of its stake in Chinese tie-up with ChanganPeugeot maker PSA Group is preparing to sell its 50% stake in a joint venture wi...
Lire la suite »
Could this be the end of Black Friday in France?Originating in the United States, Black Friday promotions have managed to conquer French storefronts and, in just a few years, quickly found a home in French society.
Lire la suite »
As France mourns 13 soldiers, top general says full victory in Africa impossibleFrance will never secure total victory over Islamist insurgents in West Africa, ...
Lire la suite »
France warns Iran over nuclear deal dispute mechanismFrance's foreign minister suggested on Wednesday that Paris was seriously c...
Lire la suite »
PSA readying sale of its stake in Chinese tie-up with ChanganPeugeot maker PSA Group is preparing to sell its 50% stake in a joint venture wi...
Lire la suite »