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STOCK MARKET VIEW -
Peugeot GM talks |
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Peugeot link with Mazda,
Maruti or Suzuki favoured - At least talks show Peugeot-Citroën
knows it has a problem - GM takes 7% stake in Peugeot-Citroën. Almost as soon as news hit that Peugeot-Citroën and Opel Vauxhall might form some kind of an alliance, the nay-sayers broke cover saying it wasn’t a smart move to link two huge loss makers which had overlapping businesses rather than complimentary ones, and were based mainly in recession- threatened Europe  GM/PSA CEO’s put pen to paper
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