Tuesday, September 25, 2012

PSA Peugeot Citroen Reportedly Terminates Hybrid Research Partnership with BMW, Continues with GM


When it formed an alliance with General Motors last February, PSA Peugeot Citroen, Europe’s second-biggest car manufacturer, said that this would not affect its partnerships with other manufacturers.

Yet according to Agence France-Presse, Peugeot’s head of R&D Gauillaume Faury said that the French group would end its joint venture with BMW on hybrid research that was established in February 2011, and continue with GM instead.

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