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Lossmaking Peugeot confirms €3bn deal with Dongfeng and France

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.

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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.

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Since January 7, 2023 our colleague and friend Mortaza Behboudi has been imprisoned in Afghanistan, in the Taliban prisons.

We do not forget him and call for his release.

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#FREEMORTAZA

Since January 7, 2023 our colleague and friend Mortaza Behboudi has been imprisoned in Afghanistan, in the Taliban prisons.

We do not forget him and call for his release.

Learn more about #FREEMORTAZA