PSA Peugeot Citroen is looking at collaborations with other carmakers, according to reports.
Its shares have jumped 15% after the firm said it was in talks about possible "co-operations and alliances", reports the BBC.
France's labour minister said that Peugeot was in talks about a strategic alliance with General Motors.
GM said it routinely talks to other firms in the industry.
PSA already partners with Toyota for its city cars (C1, 107, Aygo) and with Mitsubishi for its electric vehicles (C-Zero, Ion, I-Miev).
http://www.bbc.co.uk/news/business-17123674
An award-winning journalist and editor, with two decades of experience covering the motor retail industry, and accredited by the Institute of Leadership and Management (ILM) plus the National Council for the Training of Journalist (NCTJ)
As editor of AM since 2016, Tim is responsible for its media content, planning and production across AM's multiple channels, including the website, digital reports, webinars, social media and the editorial content of AM's events, Automotive Management Live and the AM Awards. His focus is on interviewing senior leaders of franchised dealer groups and motor manufacturer national sales companies to examine latest developments in UK motor retail.
iceage - 22/02/2012 14:48
An interesting proposition if Peugeot formed an alliance with Opel (GM) it could be the Peugeot Opel Organisation? and so would become Poo. In the words of Prof Rees if you put 2 drowning men together it doesnt make a swimmer.