Peugeot-Citroen and Dongfeng negotiations
Now the PSA is negotiates with the Chinese manufacturer Dongfeng Motor and as we have known there is no result which the French carmaker has expected.
Everything is adding up to signing the PSA now hopes to sign a non-obligatory agreement draft. Probably, the Chinese part will be ready to strike up this deal not earlier than at the end of this November or even at the beginning of next year.
The Peugeot-Citroen concern announced that it is looking for more collaboration with Dongfeng. However, the Chinese manufacturer does not hurry to invest money in the French automaker’s project.
PSA has started selling some car loans of Banque PSA in May of this year. Now there are any potential buyers, for example, one of the largest financial members in Europe had already expressed a desire for buying about 50 percent of the PSA loans, which total worth is nearby 3 billion euros.
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