- Dongfeng Motor Corp. is exploring options for its 2.2 billion euro ($2.5 billion) stake in Peugeot owner PSA Group, including a potential divestment, people with knowledge of the matter said, as the companies grapple with a global slowdown in the auto market.
- PSA fell 0.3% to 19.91 euros at 2:51 p.m. in Paris trading after earlier declining as much as 3.2%.
- Still, the global auto market has been slowing and proceeds from a sale would give the Chinese carmaker much-needed funds to weather the worst slump in a generation.