PSA and Renault have dramatically upped their financial commitments to threatened stamping supplier, GM&S, offering to guarantee EUR50m (US$58m) of orders each for the next five years in order to avoid the component producer facing liquidation.
PSA and Renault have dramatically upped their financial commitments to threatened stamping supplier, GM&S, offering to guarantee EUR50m (US$58m) of orders each for the next five years in order to avoid the component producer facing liquidation.