PSA And Toyota Open Tie-Up Season

Following the many inter-company alliances and dalliances is becoming as cumbersome as covering the couplings in a swing club. PSA Peugeot Citroen is said to be in talks with Toyota. The same PSA that just hooked up with GM is reportedly talking tie-up with GM's arch nemesis Toyota. They discuss sharing PSA's Sevelnord plant in northern France, where PSA's erstwhile partner Fiat pulls out. Still with me? The rumor has been planted by the French wire service AFP, which has it from the usual source close to the matter. French union official Ludovic Bouvier only wants to confirm that the talks "are with an Asian group." Peugeot has had a partnership with Toyota in the Czech Republic since 2002. Fiat is to leave Sevelnord in 2017. PSA has an alliance with BMW. BMW on the other hand also has an alliance with Toyota. Still with me?   from The Truth About Cars http://www.thetruthaboutcars.com

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