PSA Peugeot Citroen has agreed to form an alliance with General Motors.<br /><br />GM will take a seven percent stake in the French carmaker which will issue new shares for that. <br /><br />The two companies will pool research and development as well as vehicle platforms and technology. <br /><br />They reckon to save 1.5 billion euros within five years. <br /><br />...<br />http://www.euronews.net/
