GM Focused on Completing Peugeot Programs, Girsky Says
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General Motors Co. Vice Chairman Steve Girsky reiterated that the automaker doesn’t plan to invest further in PSA Peugeot Citroen and called speculation about expanding ties between the automakers a distraction.
“All I want to do is get the programs, the current programs, to work,” Girsky said in an interview at Bloomberg News headquarters in New York. French newspapers reported yesterday that France has decided to hire a bank for advice about Peugeot. The move indicates a further alliance with GM or with Chinese automaker Dongfeng is being negotiated, Le Figaro said.