PSA Peugeot Citroen is looking at collaborations with other carmakers, according to reports.
Its shares have jumped 15% after the firm said it was in talks about possible "co-operations and alliances", reports the BBC.
France's labour minister said that Peugeot was in talks about a strategic alliance with General Motors.
GM said it routinely talks to other firms in the industry.
PSA already partners with Toyota for its city cars (C1, 107, Aygo) and with Mitsubishi for its electric vehicles (C-Zero, Ion, I-Miev).
http://www.bbc.co.uk/news/business-17123674
As editor, Tim is responsible for the media content, planning and production of AM's multiple channels (AM print and digital magazines, website, social media and contributing to our events planning). He interviews and writes about as many franchised dealer groups and UK divisions of motor manufacturers as possible, to explore the issues facing UK motor retail and understand what solutions dealers and suppliers are using to overcome these.
iceage - 22/02/2012 14:48
An interesting proposition if Peugeot formed an alliance with Opel (GM) it could be the Peugeot Opel Organisation? and so would become Poo. In the words of Prof Rees if you put 2 drowning men together it doesnt make a swimmer.