Sunday, October 14, 2012

GM may tie up with Peugeot-Citroen

GM may tie up with Peugeot-Citroen
The report emerging form France suggests that the Vauxhall-Opel would be merging into a new joint venture company with Peugeot-Citroen. GM will own about 30 percent stake in the joint venture and will be injecting about 6.2 billion pound (about Rs.52402.4 crore) for the future development.

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