Peugeot Citroen and Mitsubishi to join forces

LONDON - Peugeot Citroen is in talks with Mitsubishi Motors regarding a ‘strategic partnership'.

Peugeot Citroen and Mitsubishi to join forces

The car manufacturers already work together in the Russian market to develop electric cars and four-wheel drive vehicles.

It is thought that under the deal Peugeot would take a 50% stake in Mistubishi. The Japanese-owned car company may also take a stake in Peugeot.

Earlier this year, Mitsubishi reported losses of more than $400m for the first half of 2009.

 

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1 Job description: Digital marketing executive

Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).

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