Chinese group can buy slice of Peugeot Citroën

In trouble in Europe, where it continues to lose money, the French carmaker PSA Peugeot Citroën may be forced to attract your Chinese partner Dongfeng to buy a slice of the group.
The PSA's financial situation deteriorates. Its market share in Europe fell to 11.3% in the last five months. It is still the second largest automaker in the continent, but increasingly estranged from Vw, which has 25% of the market.
The family Peugeot Citroën, 25.44% holding, is being forced to give up control. But GM denied that go to broaden participation.