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Peugeot tries to go global

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Peugeot tries to go global

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After Renault’s fruitful partnership with Nissan Peugeot may become the second French carmaker to head east with the news it is in talks to buy a 30 to 50 percent stake in Mitsubishi Motors.

It is part of Peugeot’s ambitions to go beyond Europe’s number 2 and become a global player, and analysts say it is an ideal fit. The pair would be especially strong in the emerging electric car market.