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Peugeot has not asked French state to take stake: PM
February 8, 2013 / 12:42 PM / 5 years ago

Peugeot has not asked French state to take stake: PM

GRENOBLE, France (Reuters) - French Prime Minister Jean-Marc Ayrault said on Friday that PSA Peugeot Citroen (PEUP.PA) had not asked the state to take a stake in it and that the matter was not on the agenda.

The comment came a day after PSA, suffering falling sales in a depressed European car market, highlighted the scale of its woes by taking a 4.1 billion euro ($5.5 billion) write-down on the value of its plant and other automotive assets.

Reporting By Catherine Lagrange,; Writing by Brian Love

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