• Most Popular
  • Most Shared

Peugeot denies hybrid project with Mitsubishi

Thu Jul 9, 2009 4:17am EDT

Stocks

   

PARIS, July 9 (Reuters) - French carmaker PSA Peugeot Citroen (PEUP.PA) said on Thursday it was not working with Japan's Mitsubishi Motors Corp (7211.T) on developing plug-in hybrid vehicles, denying a report in Japan's Nikkei newspaper.

Japan

"We deny the information. We are working well with Mitsubishi on electric vehicles," a PSA Peugeot Citroen spokesman told Reuters. He added "we have our own research into plug-in hybrids."

(Reporting by Helen Massy-Beresford)



More from Reuters

Photo

GM to shut down Saab, talks with Spyker fail

DETROIT/STOCKHOLM (Reuters) - General Motors Co said it would begin shutting down its money-losing Saab brand after a last-ditch talk to sell it to a small Dutch sports car builder collapsed on Friday.

A woman shops at a Sam's Club store, a division of Wal-Mart Stores, in Bentonville, Arkansas June 4, 2009. REUTERS/Jessica Rinaldi

The food-stamp economy

On the last day of every month, shoppers at Walmart load their carts with food and household items and wait for the midnight hour. Is this the new normal in America?  Full Article 

Two men shake hands in a file photo.    REUTERS/File

Let's make a deal

The battered M&A sector will make a tepid recovery in the coming year and three hot sectors will lead the way, according to a Thomson Reuters analysis.  Full Article