According to foreign reports, regarding the once-famous Dongfeng Motor or the acquisition of the equity of the partner Peugeot Citroën, the current financial institutions have been commissioned to study related issues.
The French media reported on September 17 that PSA Peugeot Citroen has commissioned two banks to study the feasibility of establishing a capital partnership with Dongfeng and has proposed a number of options aimed at strengthening the international business performance of PSA Peugeot Citroën, while maintaining the status of GM. Some alliances. One of the options is that Dongfeng Group will directly hold equity in Peugeot Citroën through a capital increase, but the plan may cause GM to be unhappy. On February 29, 2012, General Motors and Peugeot Citroen formed an alliance, after which General Motors held a 7% stake in PSA Peugeot Citroen.
Another option is to establish a joint venture between Dongfeng and PSA Peugeot Citroen, focusing exclusively on emerging markets, while PSA Peugeot Citroën transferred some of its assets for cash. The cooperation between Peugeot and GM is concentrated in the European market.
A spokesman for PSA Peugeot Citroen said: “The company does not comment on rumors. We are always exploring new possibilities to enhance and strengthen our cooperation with Dongfeng.â€
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