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Wednesday, April 7, 2010 as of 11:14 AM ET

Peugeot

Peugeot

Peugeot is a major French car brand, part of PSA Peugeot Citroën, the second largest carmaker based in Europe.

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GM, Peugeot Citroen Evaluate Building A Factory In Brazil -Report

U.

S.-based General Motors Co. (GM) and French PSA Peugeot Citroen SA (UG.FR) are evaluating a joint investment totaling 1 billion euros ($1.28 billion) to build a factory in Brazil, reported the local news magazine Veja over the weekend.The companies will decided on the investment by the end of this month and the factory may be built in Minas Gerais or Rio de Janeiro state, said the report, which didn't unveil where it got the information.Officials from the companies weren't immediately reached for comment earlier Monday.Copyright © 2012 Dow Jones Newswires...

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