Chinaas Dongfeng Motors: Peugeot

Peugeot: However, Peugeot shares dropped sharply on the news, down 4.46% to 13.08 euros. , according to BBC. Under the new plan - called "Back in the Race" - Peugeot will focus on its Peugeot and Citroen brands, and also develop its upmarket DS marque. The plan includes cutting costs and slashing the numbers of models in its range from 45 to 26. In February, Peugeot agreed a long-awaited rescue deal with the French government and Chinaas Dongfeng Motors. Narrower focus (news.financializer.com). As reported in the news.