Not So Fast! Chrysler Now Wants A Part Of Peugeot As Well

General Motors Co. may be poised to take a 7-percent stake in PSA Peugeot Citroën of France, but another Detroit automaker wants to join the fray.

Sergio Marchionne, CEO of Auburn Hills-based Chrysler Group LLC and CEO of Fiat SPA of Italy, is interested in reviving talks with Peugeot, the automaker Marchionne approached at the Geneva Motor Show three years ago, in March 2009, amid a scramble to acquire GM's Adam Opel unit in Germany as well as Chrysler.

 

dumpsty - 3/1/2012 1:39:41 PM

+1 Boost

Like a division of VW owns Bentley. Or like a division of Daimler owns AMG.

xjprou - 2/29/2012 12:55:13 PM

+1 Boost

For God's sake Marchionne!!
What have you done so far for Chrysler and Fiat, and now you want stake of Peugeot. Isn't it enough with the responsibility you have with the first mentioned brands???