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Peugeot 308 R concept

China’s Dongfeng And French Government Buy Stakes In PSA Peugeot Citroën

Struggling French automaker PSA Peugeot Citroën has been thrown a lifeline in the form of capital injections from the French government and Chinese automaker Dongfeng. Each party will offer 800 million euros (approximately $1.1 billion) for 14 percent stakes in PSA. The French automaker also... read more

February 20, 2014 by 
 
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