PSA Peugeot Citroen is remaining tight-lipped concerning speculation it has entered a general agreement with Chinese partner, Dongfeng, that could net up to US$4bn in tandem with the French government.
“As outlined in its previous financial communication, the Group confirms it is examining industrial and commercial developments with different partners including the financial implication that would result from them,” a PSA spokeswoman told just-auto from Paris.
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“But none of these projects have reached maturity.”
