VIDEO | by Reuters

Can Peugeot Keep Its Gallic Identity?

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VIDEO DESCRIPTION:
China to the rescue once again - this time at PSA Peugeot Citroen. Reuters believes the French car maker has approved a ...
survival plan. But it's a contentious one involving the issue of 3 billion euro in new stock. The founding Peugeot family couldn't agree on the best way forward. And the board has now gone against the Chairman by agreeing, in principle, to a capital increase that would give China's Dongfeng a minority stake, along with the French government.
Posted: 01/20/2014 | Views: 1,272 | Duration: 01:50
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