Peugeot to Cement Dongfeng-France Deal

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March 26 (Bloomberg) –- Bloomberg’s Mathieu Rosemain reports on Peugeot’s reorganization that brings in Chinese manufacturing partner Dongfeng and the French state as strategic investors alongside the Peugeot family. He speaks to Mark Barton on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

Why is thsiis a turning point?

This is d-day.

There hae been longer negotiations.

We will get a new strategy.

The peugeot family will lose control in favor of the french stage which will take a percentage of the company.

And dongfeng which is controlled the chinese government.

Many questions remain whether it will be able to restructure further and to get act on its feet.

What does it mean in terms of restructuring, is this an advantage or a drawback for peugeot?

It needs to further restructure.

-- if it needs to further restructure.

The french government, they do not prevent the closure of this paris suburb factory that to show owned.

-- peugeot.

So it will depend on how the family and dongfeng get on together.

What does this mean for investors?

Investors, i think they have open operations.

Peugeot will still lose money.

It will depend on how the european car market will recover and chinese markets will go on and how the relationship with dongfeng and other runners including gm workout as well is hoped.

All of this will -- are open questions.

If you have been on the side of performance, then you have a lot to do.

Thank you, livef from paris.

This text has been automatically generated. It may not be 100% accurate.


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