GM in talks to buy 7% PSA stake, report says

February 27, 2012 05:00 AM

PSA/Peugeot-Citroen may announce as soon as this week plans to sell a stake of about 7 percent in the French carmaker to General Motors Co. as part of a development alliance, people familiar with the matter told Bloomberg.

Featured Stories

U.S. tariffs on imported vehicles are in effect, with parts duties following soon

What vehicle parts are now subjected to tariffs? Powertrain, suspension, safety and more

MSRP and dealers and finance, oh my! Why tariff price impacts may vary

Here’s our list of the 2025 Top 150 dealership groups

Latest News

Yukon cuts Elon Musk’s companies from rebates in response to U.S. tariffs

Toyota puts $7,900 premium on GR Supra final edition for $69,085 sticker price

Live updates on tariffs: Reactions and fallout as auto tariffs take effect

Stellantis laying off nearly 1,000 workers in U.S. as tariffs pause production at some plants in Canada, Mexico

Staying current is easy with newsletters delivered straight to your inbox.

See More in Newsletters

Guest commentary: For Akio Toyoda’s sake, he must listen to Toyota’s dissatisfied shareholders and reform strategy

Top 5 stories of the week: Women in auto; Birchwood’s latest buy; GM improves profit; more

Automotive News Europe awards the 2024 Eurostars

Top 5 stories of the week: Northvolt woes; Alpha’s big buy; all-stars; and more

Staying current is easy with newsletters delivered straight to your inbox.