One of PSA Peugeot-Citroen’s major unions is describing last week’s French State injection of EUR800m (US$1.1bn) into the automaker as ‘scandalous.’ France agreed to pump in the cash – along with a ...

PARIS -- PSA/Peugeot-Citroen's board approved an outline deal to raise 3 billion euros ($4.1 billion) by selling stakes in the automaker to China's Dongfeng Motor and the French government. The deal, ...