Minister says Peugeot-Fiat deal 'good news' for France


Finance minister Bruno Le Maire said planned merger provided 'critical size to face the dual challenges of autonomous vehicles and electric cars'.

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French finance minister Bruno Le Maire gave his blessing to the merger between national champion PSA and Italo-American carmaker Fiat-Chrysler, saying the deal would be good news for France and Europe but that he would keep an eye on possible job cuts, reports Reuters.