BEIJING/PARIS -- China's Dongfeng Motor Group and PSA Group are extending their business cooperation, despite the Chinese company reducing its stake in PSA to help smooth the French automaker's merger with Fiat Chrysler Automobiles.
BEIJING/PARIS -- China's Dongfeng Motor Group and PSA Group are extending their business cooperation, despite the Chinese company reducing its stake in PSA to help smooth the French automaker's merger with Fiat Chrysler Automobiles.
Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.