PSA Peugeot Citroen is reportedly looking to sell off 57.4% stake in Faurecia S.A. However, both PSA Peugeot and Faurecia are remaining tight-lipped concerning the speculation. CM-CIC securities reported that PSA Peugeot could evaluate a sale of its participation in Faurecia although Faurecia confined itself to noting to Just-Auto that, “Faurecia has no comments to make.” Just-Auto reported that a PSA Peugeot spokesman declined to comment on the conjecture, but did confirm that its share price had risen5.18% to €6.50 on January 7, 2013.