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Peugeot, the Chinese Dongfeng aims at 30%

The Asian company would be ready to pay 10 billion yuan (1,2 billion euros) – The two companies already have three production plants in joint venture and last month they announced talks for a possible expansion of the cooperation.

Peugeot, the Chinese Dongfeng aims at 30%

PSA Peugeot could learn Mandarin. According to "China Business News", Dongfeng, the Chinese partner of the French automaker, aims to acquire 30% of the company for 10 billion yuan (1,2 billion euros). 

The two companies already have three production plants in joint venture and last month they announced talks for a possible expansion of the cooperation. 

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