French Government Seeking Outside Advice On PSA Alliance

French finance ministry confirmed reports that it was seeking outside advice regarding the delicate situation with PSA Peugeot Citroen.

A French newspaper published a report according to which the government plans to appoint an investment bank as a solution for PSA Peugeot Citroen. This could mean that the French automaker plans to sign the deal for a closer alliance with GM or Dongfeng Motor.

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