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Empresas y finanzas

Peugeot agrees alliance deal with GM: sources


    PARIS (Reuters) - PSA Peugeot Citroen agreed to form an alliance with General Motors , sources with knowledge of the discussions said on Wednesday.

    GM will take a 7 percent PEUGEOT (UG.PA)stake as part of a share issue by the French automaker, and the two companies will pool research and development, vehicle platforms and technologies to target $2 billion in savings, a source said.

    The agreement is to be announced after European markets close later on Wednesday, the sources said.

    (Reporting by Philipp Halstrick and Julien Ponthus)