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China’s Changan Automobile Bails on PSA Due to Poor DS Sales

China’s Changan Automobile Bails on PSA Due to Poor DS Sales

China's Chongqing Changan Automobile has agreed to sell its $234.22 million US stake in its joint venture with Groupe PSA to a subsidiary of Baoneng, the company said in a statement last week.A spokesman for PSA also confirmed last week that the company would sell its stake in CAPSA to the Baoneng ...

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