12-09-2016 20:37 via uk.news.yahoo.com

Peugeot plans LA car-sharing operation with Bollore: CEO

France's PSA will launch car-sharing services in Los Angeles in partnership with Bollore Group, CEO Carlos Tavares said on Monday, as the maker of Peugeot, Citroen and DS cars steps up its diversification strategy. PSA is investing in start-ups and expanding in areas ranging from vehicle leasing to parts distribution as part of its turnaround plan after the brush with bankruptcy that led to Tavares's appointment in 2014. "We're working with a good number of cities, including LA, to offer car-sha
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