Peugeot has sold the Panhard military vehicle business to RTD, the Renault Truck Division of Volvo Sweden, for 62 million Euros.
This ex-Renault company is nwo within the Swedish Volvo Group which does not include Volvo Cars. They belong to the Chinese Geely Group who are also a shareholder in Managanese Bronze, that used to make the London black cabs until it went into administration this week.
Is that clear?
Vive la somewhere or other.