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GM to take Peugeot stake as part of alliance
General Motors and France's PSA Peugeot Citroen, both struggling in Europe, on Wednesday unveiled the details of a strategic alliance that will see the U.S. auto giant take a small stake in Europe's No. 2 carmaker.The companies said in a joint statement their plans to share vehicle platforms and pool the purchasing of components and services will save them $2 billion a year within five years, split
General Motors and France's PSA Peugeot Citroen, both struggling in Europe, on Wednesday unveiled the details of a strategic alliance that will see the U.S. auto giant take a small stake in Europe's No. 2 carmaker.The companies said in a joint statement their plans to share vehicle platforms and pool the purchasing of components and services will save them $2 billion a year within five years, split
GM to take Peugeot stake as part of alliance
General Motors and France's PSA Peugeot Citroen, both struggling in Europe, said Wednesday that they're forming an alliance to share car platforms and purchasing power.
General Motors and France's PSA Peugeot Citroen, both struggling in Europe, said Wednesday that they're forming an alliance to share car platforms and purchasing power.
GM and Peugeot announce alliance, GM to take 7 percent stake in Peugeot
GM and Peugeot announce alliance, GM to take 7 percent stake in Peugeot.
GM and Peugeot announce alliance, GM to take 7 percent stake in Peugeot.
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