China's Dongfeng said to plan paring stake in Peugeot owner PSA

China's Dongfeng said to plan paring stake in Peugeot owner PSA

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 will likely trim its stake in Peugeot owner PSA after hiring banks to study options, people close to the matter said, in a move that could ease the French carmaker’s planned merger with Fiat Chrysler (FCA).

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