Sep 4, 2009
Peugeot alliance with Mitsubishi?
Peugeot head Philippe Varin was 'actively considering an alliance with Mitsubishi.' -- PHOTO: PEUGEOT

PARIS- FRENCH auto maker PSA Peugeot Citroen is considering a tie-up with Mitsubishi of Japan, the financial newspaper La Tribune reported on Friday.

The paper, citing no source, said Peugeot head Philippe Varin was 'actively considering an alliance with Mitsubishi.'

The two groups have already joined forces to develop an electric vehicle and have a partnership in Russia.

The paper described a Peugeot-Mitsubishi alliance as 'technically and geographically ideal.' -- AFP

 

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