Peugeot to cut 5,000 jobs in France After Renault’s fruitful partnership with Nissan Peugeot may become the second French carmaker to head east with the news it is in talks to buy a 30 to 50 percent stake in Mitsubishi Motors.
It is part of Peugeot’s ambitions to go beyond Europe’s number 2 and become a global player, and analysts say it is an ideal fit. The pair would be especially strong in the emerging electric car market.More about: Car industry, PeugeotCopyright © 2012 euronews
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