Peugeot starts partnership with Dongfeng | DW News - latest news and breaking stories | DW | 19.02.2014
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Peugeot starts partnership with Dongfeng

French automaker Peugeot has entered into a historic 3-way partnership with Chinese carmaker Dongfeng and the French government. Peugeot will now share corportate control and get a 3 Billion Euro cash infusion - as well as access to the growing Chinese market, crucial for the French company, which has seen declining European sales.

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