Dongfeng Motor exploring options to sell its stake in Peugeot owner

Dongfeng Motor exploring options to sell its stake in Peugeot owner

FILE PICTURE: The Peugeot logo is seen at a dealership of French car maker PSA Peugeot-Citroen in Selestat, eastern France, September 7, 2012. REUTERS/Vincent Kessler

Dongfeng Motor Corp. is exploring options for its 2.2 billion-euro ($2.5 billion) stake in Peugeot owner PSA Group including a potential divestment, people with knowledge of the matter said, as the companies grapple with a global slowdown in the auto market.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter