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Daily Digit: Peugeot's Possible New Plan

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Daily Digit: Peugeot's Possible New Plan
AIRED:
3 billion euros is today's daily digit in Europe - a possible capital increase at PSA Peugeot Citroen. The French government and China's state-owned Dongfeng Motor are reportedly planning to take matching stakes in the troubled car maker. They would both contribute 1.5 billion euros, giving each of them between 20 and 30 percent of the French company. Peugeot was among the worst casualties of a six year slump in European car sales.moreless
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