Peugeot family ready to back further acquisitions

The PSA Group, which currently owns the Peugeot, Citroen, DS, Opel and Vauxhall brands, is open to acquiring a few more marques for its portfolio, and it has the backing of one of its biggest shareholders. At the recent Geneva motor show, Carlos Tavares, CEO of the PSA Group, said he would "love to [have discussions] with people who are looking for deals". Jaguar Land Rover and Fiat Chrysler are seen as PSA's most likely partners.