GM, Peugeot create global partnership, aim to save $2 billion annually from alliance
General Motors and PSA Peugeot Citroen announced today that they have formed a long-term and broad-scale global strategic alliance. The alliance will leverage the combined strengths and capabilities of both two companies, help reduce cost and contribute to the profitability. The alliance is structured around two main pillars: Sharing of vehicle platforms, components and modules [...]

