Chinese flair for France's second largest automobile group, PSA Peugeot-Citroen

Friday, February 21st 2014 - 07:15 UTC

Full article 5 comments

Struggling French carmaker PSA Peugeot Citroen has sealed a long-awaited rescue deal that will see its founding family cede control of the company. China's Dongfeng Motors and the French government will each invest about 800m Euros in return for 14% stakes. Another 1.4bn Euros will be raised from existing investors in Peugeot. Read full article

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Briton
seems like these Chinese whispers are spreading everywhere,

creeping all over the known world,

coming to a place near you, very soon..
Feb 21st, 2014 - 07:05 pm - Link - Report abuse 0
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ChrisR
The real problem with Peugeot-Citroen is the cars made in France are unreliable when compared to much cheaper cars made elsewhere. They are abysmal when compared to their peer group.

The Citroen C4 Saloon made in The Dark Country is, I must say, a very well put together car and is much longer than the European minuscule offering. The design changes have made a piss-poor French car into a good looking, well finished and substantial road presence vehicle.

If they made a decent automatic version I would even consider buying one myself, the two I have ridden in were lovely.
Feb 21st, 2014 - 09:07 pm - Link - Report abuse 0
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ilsen
No cars will be made in Venezuela soon as Toyota have ceased production and Ford have pulled out.
Argentina is next.
Meanwhile, please see this;
http://www.youtube.com/watch?v=EFS6cP9auDc
Feb 22nd, 2014 - 03:38 am - Link - Report abuse 0
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Stevie
But that's a sign of prosperity, ilsen.

Ask Anglolatino...
Feb 22nd, 2014 - 08:13 am - Link - Report abuse 0
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ChrisR
@ 4 “Free energy” Stevie

Don’t forget Brotherly Love!

Ha, ha, ha.

You get more ridiculous with every post.
Feb 22nd, 2014 - 10:18 am - Link - Report abuse 0
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