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Peugeot SA (PSA Peugeot Citroen) Confirms End of Hybrids Venture with Bayerische Motoren Werke AG (BMW)-Agence France Presse


Monday, 24 Sep 2012 09:38am EDT 

Agence France Presse reported that Peugeot SA (PSA Peugeot Citroen) confirmed that it was no longer collaborating with Bayerische Motoren Werke AG (BMW) on a venture to develop hybrid vehicle technology. BMW said in June that it was reconsidering the joint venture in light of a deal between the Peugeot SA and General Motors, while Peugeot did not release a statement on the issue then. 

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