GM Europe and Peugeot-Citroen considers merger

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General Motors and PSA Peugeot Citroen are working on plans for a European joint venture as they flesh out the car making alliance they announced earlier this year. Discussions began soon after the initial alliance deal and have covered "selling Opel to Peugeot, buying Peugeot's automotive business or putting them all together in a new entity," one of the sources said. It added that the tie-up would not inc ...

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PSA Peugeot Citroen to set up facility in Gujarat

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French car maker Peugeot will set up a 4,000-crore facility at Sanand in Gujarat. The place which is the home to the Tata Motors Nano. Peugeot will set-up its plant close to Ford Motor's upcoming facility in Sanand, 40 km from Ahmedabad. Peugeot will launch cars in the B,C and D segment in India. The cars were recently caught testing in India at various locations in India which included the 508 sedan and 20 ...

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