Automakers

Dongfeng could sell PSA stake, report says

(Christophe Morin/Bloomberg)
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By:
Crystal Tse, Manuel Baigorri, Vinicy Chan, Tian Ying and Ruth David
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By:
Bloomberg
|
August 07, 2019 01:58 PM

HONG KONG/BEIJING/LONDON -- Dongfeng Motor is exploring options for its 2.2 billion-euro ($2.5 billion) stake in PSA Group including a potential divestment, people with knowledge of the matter said, as the companies grapple with a global slowdown in the auto market.

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