Dongfeng seen benefiting from Opel's technology
By Bloomberg | China Daily | Updated: 2017-02-17 07:36
Dongfeng Motor Group Co has seen its stake in PSA Group more than double in value to 2.2 billion euros ($2.3 billion), since bailing out the maker of Peugeot and Citroen cars in 2014.
Now, China's second-largest carmaker stands to gain even more should the French company succeed in buying GM's Opel.
The German unit's technology, already used in popular Chinese models like the Buick Regal, could further boost Dongfeng's ambitions.
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