Peugeot-Citroen executive dismisses Holden takeover rumours

A senior international executive for Peugeot-Citroen has dismissed rumours of a possible takeover of the Holden brand seven months after the report surfaced. In February this year the Australian Financial Review claimed the local distributor of Peugeot-Citroen cars – an independent firm called Inchcape – was “running the numbers” on adding Holden to its portfolio by prising it away from US parent company General Motors.