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Read this in Saturday's Financial Times
Posted by MI-Roger (# 882) (more from MI-Roger) on Tue, 28 Feb 2012 16:43:13
In Reply to: GM in discussions to buy a stake in Peugeot, Bill Homer, Tue, 28 Feb 2012 07:41:41
Makes no sense to me. Both PSA and Opel (as well as nearlry all European automakers) are suffering from excess capacity and too much production in high cost countries. A alliance between the two weakest makes no sense other than possibly with sharing development costs of new powertrains.

Sounds as if they are following the direction of any decision, even a stupid one, being better than no decision. A sure path to failure.

posted by 68.42.115...
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