Deals
GM in Alliance Talks With Peugeot as European Sales Sink
This article is for subscribers only.
General Motors Co. and PSA Peugeot Citroen are in talks to form a broad partnership as the two automakers struggle with declining car sales in Europe.
The alliance may include developing engines and building vehicles together in the region, a person familiar with the discussion said today, declining to be identified because the talks aren’t public. Peugeot rose the most in almost three years.