China's Dongfeng reviews PSA stake sale after fall in share prices

A woman stands next to Dongfeng motor group's SUV vehicle SX6 during the Auto China 2016 show in Beijing, China April 26, 2016. Photo: Reuters

China’s Dongfeng Motor Group is reviewing a deal with PSA to cut its stake in the French carmaker after a fall in share prices sparked by the coronavirus pandemic.

PSA agreed to merge with Italian-American rival Fiat Chrysler Automobiles (FCA) in December to create the world’s fourth-biggest carmaker by sales volume.

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