Wednesday 29 February 2012

GM, Peugeot target savings, test history with alliance

DETROIT/PARIS (Reuters) - General Motors Co and PSA Peugeot Citroen will form a global alliance targeting a cut in annual costs of at least $2 billion without plant closings or job cuts in Europe.

Source: http://feeds.reuters.com/~r/reuters/USpersonalfinanceNews/~3/Q0cUozDsE3Q/us-peugeot-gm-idUSTRE81S0US20120229

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