Trend Results : Peugeot Citroen Form Alliance

GM And Peugeot Revise Alliance Deal, Plan New Engines

In March of this year, General Motors and France’s PSA Peugeot Citroen Group, two companies faced with overcapacity issues in Europe, surprised the automotive world by forming a strategic alliance, with GM even buying a 7 percent stake in the struggling French automaker. In October, they provided an update on their alliance deal, revealing...

GM Mulls Deeper Ties With PSA Peugeot Citroen, Could Form Joint Venture: Report

In March of this year General Motors made the surprise move of forming an alliance with PSA Peugeot Citroen by purchasing seven percent of the French automaker’s stock. The original deal was structured around two main pillars: the sharing of vehicle platforms, components and modules; and joint purchasing of commodities, components and other...

Report: Peugeot suggests expansion of ties with GM into other segments and technology

The ink is only just dry on the contract detailing the collaboration between General Motors and PSA Peugeot Citroën, and already there is talk of going further. GM purchased a seven-percent stake in PSA to form an alliance that would...Show More Summary

GM And PSA Peugeot Citroen Form Alliance, Plan Joint Models

General Motors and France’s PSA Peugeot Citroen announced this week the creation of a long-term and broad-scale global strategic alliance, which they hope will leverage the strengths and capabilities of the two automakers and contribute to the profitability of both. Importantly, the two auto giants also hope that the alliance deal strongly...

GM, Peugeot target savings, test history with alliance

DETROIT/PARIS (Reuters) - General Motors Co and PSA Peugeot Citroen will form a global alliance targetting a cut in annual costs of at least $2 billion without plant closings or job cuts in Europe, in a deal announced on Wednesday.

GM And PSA Peugeot Citroen Form Alliance, Joint Model Due In 2016

General Motors and PSA Peugeot Citroen announce broad-scale global development and production alliance. It's an approach as old as the automotive industry itself; sharing platforms, powertrains and technology, all with a view to cutting costs and filling holes in the line-up. Show More Summary

GM to take Peugeot Stake as Part of Alliance

(FRANKFURT, Germany) — General Motors and France’s PSA Peugeot Citroen, both struggling in Europe, said Wednesday that they’re forming an alliance to share car platforms and purchasing power. As part of the alliance, Detroit-based GM intends to take a 7 percent stake in the French automaker, making it the second-largest shareholder behind the Peugeot family. [...]

GM And Peugeot Citroen Form Alliance