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Peugeot (PEUGY.PK) and General Motors (GM -1.8%) have halted talks on closer ties, after Peugeot...

Peugeot (PEUGY.PK) and General Motors (GM -1.8%) have halted talks on closer ties, after Peugeot accepted a French government guarantee for its lending arm and announced further deterioration of its cash position. The decision to shelve a deeper tie-up may bring about heightened scrutiny of the existing alliance plan, which is already being questioned by many investors due to the French automakers weakened state.
Comments (1)
  • jack897
    , contributor
    Comments (228) | Send Message
     
    Can GM forget about Peugeot and lay off those freaking workers? What the heck, are those workers immune from getting laid off? GM has lost 15 billion dollars in the last decade and they don't want to give an inch. Hell, let me run the show!
    13 Nov 2012, 04:39 PM Reply Like
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