China's Dongfeng reviews PSA stake sale after price fall
Dongfeng is evaluating plans to change its 12 percent stake in PSA after the French automaker’s share price plunged because of the coronavirus pandemic. Separately, Dongfeng and PSA plan to cut jobs at Dongfeng Peugeot Citroen Automobiles in Wuhan and reduce assembly plants to try to make the struggling joint venture more profitable.