Peugeot Will Remain French - Industry Minister

Newswire

PARIS, Oct 22 (Reuters) - PSA Peugeot Citroen will remain French, Industry Minister Arnaud Montebourg said on Tuesday, days after sources said the loss-making firm was in talks with China's Dongfeng and the French government over a capital increase. Peugeot is eyeing a possible deal under which China's state-owned Dongfeng Motor Co Ltd and the French government could each contribute 1.5 billion euros and acquire 20 to 30 percent of the carmaker, sources close to the matter have ...

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