Peugeot family ready to back further acquisitions

The PSA Group, which currently owns the Peugeot, Citroen, DS, Opel and Vauxhall brands, is open to acquiring a few more marques for its portfolio, and it has the backing of one of its biggest shareholders. At the recent Geneva motor show, Carlos Tavares, CEO of the PSA Group, said he would "love to [have discussions] with people who are looking for deals". Jaguar Land Rover and Fiat Chrysler are seen as PSA's most likely partners.

Comments

Popular posts from this blog

JLR: Consumer confidence on the rise post-election

Teacher accused of using rented Toyota Supra for land-speed record attempt

Donald Trump’s Lamborghini Diablo sets new auction price record

Honda confirms NSX successor in the works

Most anticipated new cars of 2018

2022 Nissan Qashqai and Pathfinder delayed, Juke and X-Trail production cut

How many cupholders are too many? | Drive Flashback

2018 Ford Mustang pricing and specs

Tesla cars to be banned from Chinese government buildings amid security fears — report

Bear Grylls’ SAS Gulf War buggy for sale, with optional machine gun