BREAKING NEWS

Now Reading:

European car giants reportedly halt talks


corporate

European car giants reportedly halt talks

Peugeot and General Motors have put the brakes on talks due to the French car makers financial problems and government-backed bailout, according to sources.

The two car giants had announced an operational partnership in February and were also exploring a tie up between Peugeot and Opel – GM’s European brand based in Germany.

A spokesman for Peugeot said there were no Opel talks currently in progress breaking a months silence since they were first reported.

Every story can be told in many ways: see the perspectives from Euronews journalists in our other language teams.

Next Article

corporate

Windows executive leaves Microsoft Corp