WASHINGTON General Motors (GM.N) Chief Executive Mary Barra said on Tuesday the Detroit automaker is exploring opportunities with French automaker Peugeot SA (PEUP.PA) (PSA), but declined to discuss a potential sale of its money-losing European Opel unit.At the Economic Club of Washington, Barra did not discuss in detail the talks with Peugeot that became public two weeks ago. She also raised concerns that a proposed U.S. "border adjustment tax" could be problematic if not done properly.
(Reporting by David Shepardson; Editing by Meredith Mazzilli)
This story has not been edited by Firstpost staff and is generated by auto-feed.
Published Date: Mar 01, 2017 00:45 AM | Updated Date: Mar 01, 2017 00:45 AM