PSA Denies Report of Alliance With India's Mahindra

Newswire

NEW DELHI/PARIS, Aug 6 (Reuters) - French carmaker PSA Peugeot Citroen on Wednesday denied an Indian newspaper report of partnership talks with India's Mahindra & Mahindra Ltd to share technology and production facilities. The Times of India newspaper on Tuesday reported, citing unnamed sources, that Mahindra was in talks with Peugeot on a strategic alliance that would involve technology sourcing, mutual sharing of production capacity in France and India, as well as "significant ...

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