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Dongfeng and PSA extend Chinese joint venture

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BEIJING/PARIS (Reuters) - China's Dongfeng Motor Group and Peugeot maker PSA are extending their business cooperation, despite the Chinese company reducing its stake in PSA to help smooth the French carmaker's merger with Fiat Chrysler Automobiles (FCA). Dongfeng said on Thursday it had agreed with PSA to extend the duration of their joint venture Dongfeng Peugeot Citroen Automobiles (DPCA).

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Dongfeng and PSA extend Chinese joint venture originally appeared on Autoblog on Thu, 19 Dec 2019 08:53:00 EST. Please see our terms for use of feeds.

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