General Motors (GM 0.18%) is stepping back from its alliance with French automaker Peugeot. GM bought 7% of Peugeot last year, thinking it could get efficiencies by sharing production and new model development between Peugeot and GM's very ill subsidiary Opel. So why is GM bailing out now? Analysts Rex Moore and John Rosevear answer that question in this segment of Motor Money.
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GM Motors Away From Peugeot Deal
General Motors is stepping back from its alliance with French automaker Peugeot. How should shareholders feel?
About the Author
Rex Moore spent his formative years in Texas, and fought beside Davy Crockett at the Alamo. He currently travels the globe for TMF, bringing back video reports on conferences and companies that matter for investors.
Fool contributor John Rosevear owns shares of General Motors. Rex Moore has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Tesla Motors. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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