🌐 apnews.com
China's Dongfeng, French state invest in Peugeot
BEIJING (AP) — Loss-making French carmaker PSA Peugeot Citroen is getting a 3 billion-euro ($4.1 billion) lifeline backed by Chinese investors and the French taxpayers in a deal that will see the company's founding family hand over control after more than two centuries at the helm.
↗ https://apnews.com/general-news-767a01c871a14ad691b838096c927da6