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European car giants reportedly halt talks

6 years ago5 views

Peugeot and General Motors have put the brakes on talks due to the French car makers financial problems and government-backed bailout, according to sources.

The two car giants had announced an operational partnership in February and were also exploring a tie up between Peugeot and Opel - GM's European brand based in Germany.

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http://www.euronews.net/

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