GM Throws $400 Million At Peugeot With No End-Game

This story should get wider coverage. General Motors, which is still trying to shed its legacy costs and has shown some strength in the current fiscal year, made the decision to invest in flagging French automaker Peugeot to the tune of $400 million.

There's absolutely no reason that GM should have made the move. It doesn't help GM in the slightest and adversely affects GM's bottom line.