STOCK MARKET VIEW - Hungry lion

STOCK MARKET VIEW - Hungry lion - Peugeot
Peugeot-Citroen restructuring seen as ineffective and late
Published: Wed, 18 July 2012 17:58:02 GMT
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Peugeot closes plant, confirms big loss, cash flow problem - Will government intervene, or unions act up? - Estimates of loss for 2012 hit €1 billion

Peugeot-Citroën finally bit the bullet and decided to close the Aulnay plant, but investors reckon that the financially-troubled car maker needs to take more drastic action to keep afloat ..more

GM currently holds a 7% stake in Peugeot-Citroën

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