Peugeot unions, analysts sceptical on GM tie-up

Newswire

By Laurence Frost PARIS, June 28 (Reuters) - PSA Peugeot Citroen unions voiced concern on Friday over a deeper tie-up plan with General Motors that sources say the French carmaker is seeking to revive. Such a move would require major capacity cuts and face serious obstacles, analysts also said - but the discussions may signal that the companies are preparing to tackle overcapacity. The Paris-based carmaker and founding Peugeot family ...

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