General Motors and PSA Peugeot Citroën are reportedly discussing a European joint-venture.

General Motors and PSA Peugeot Citroën are reportedly discussing a European joint-venture.

According to La Tribune the companies would have a 50-50 stake and Opel would be placed in the joint-venture with Peugeot and Citroën. GM would reportedly invest heavily in the joint-venture, but nothing is official as of yet.

While the companies could be thinking about a joint-venture, a proposal hasn't been submitted to PSA's Supervisory Board. There is also speculation that some members of the Peugeot family - who collectively own 25.3 percent of PSA - wouldn't want to give up control of the automaker.

Regardless, the current alliance between GM and PSA Peugeot-Citroën centers around shared platforms and reducing supplier costs. The first-joint model is scheduled to be launched in 2016.

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