F&I Management & Training

Shares in French carmakers Renault and PSA Peugeot Citroen have risen sharply on market talk of a merger between the two vehicle manufacturers. The speculation came after PSA announced that it had appointed Barnaby Noble - a former vice president of mergers and acquisitions at Alstom - as director of strategy and business development Renault denied any merger possibility, while PSA declined to comment.

DATED: 16.03.09

FEED: AW