Lossmaking Peugeot confirms €3bn deal with Dongfeng and France

By

End of an era as Peugeot family loses control of a company it has run since the early days of steam-powered cars in 1889.

Reading articles is for subscribers only. Subscribe now.

PSA Peugeot Citroën on Wednesday confirmed its deal to raise €3bn from Chinese automaker Dongfeng and the French state, as the troubled carmaker reported a narrowing of its net loss in 2013, reports The Financial Times.

1 euro fifteen days

Read more with a subscription priced just 1€ Subscribe