GM Motors Away From Peugeot Deal
General Motors 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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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. Try any of our Foolish newsletter services free for 30 days. 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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