3 Auto Stocks Going Places: GM Resists Peugeot Investment, Tesla Avoids EV Price War, and Honda Won’t Raise Fit EV Production

General Motors Co. (NYSE:GM): ”Two drowning men don’t make a swimmer”: That was given in response to questions about GM investing in a closer relationship with PSA Peugeot-Citroen from Garel Rhys, emeritus professor of Motor Industry Economics and director for Automotive Industry Research at Cardiff Business School. While Peugeot is actively seeking further investment, GM seems quite content where it’s at with its 7 percent stake in the company.