Peugeot shares tumble as GM offloads stake


PARIS, Dec 13 (Reuters) - Shares in PSA Peugeot Citroen fell 7.8 percent on Friday for a 20 percent four-day drop after General Motors sold its 7 percent stake in the struggling French carmaker in a private placement to institutional investors. Peugeot shares already lost 7.6 percent on Thursday after the group announced a writedown and confirmed it was mulling a capital increase. Asked on Friday if the state would take part in the capital increase, French ...


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Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


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