Armand Peugeot

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A worker assembles a vehicle on the production line at a plant operated by Dongfeng Peugeot-Citroen Automobile, the joint venture between Dongfeng Motor Corp. and PSA Peugeot Citroen, in Wuhan, China. PSA Peugeot Citroen has agreed to sell a stake in Peugeot to Dongfeng and the French government. Photograph: Tomohiro Ohsumi/Bloomberg
Peugeot to sell stake to Dongfeng and French government

PSA Peugeot Citroen’s supervisory board has agreed to sell stakes to Dongfeng Motor Corp and the French state as part of a move to raise €3 billion(...)