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PSA will announce purchase of Opel division from General Motors

PSA will announce purchase of Opel division from General Motors

PSA and General Motors have made an agreement that French concern will buy Opel division which produced losses to the American company, and that dill will be announced on Monday morning. Announcement will be stated in Paris and according to the insider information deal is closed on Friday, and it will make PCA second largest

By Ronald Peterson|2018-11-30T15:57:14+00:00March 4th, 2017|Categories: US, World|Tags: Chevrolet, Citroen, GM, Opel, Peugeot, PSA|0 Comments

Benefit for both companies from PSA-Opel deal is obvious claim Mary Barra

Benefit for both companies from PSA-Opel deal is obvious claim Mary Barra

General Motors CEO Mary Barra referred to the employees and told that combining GM's European Opel and Vauxhall business with Peugeot would be beneficial for both companies. “While there can be no assurance of any agreement, any possible transaction would enable PSA Groupe and Opel Vauxhall to leverage their complementary strengths, enhancing their competitive positions

By Ronald Peterson|2017-02-15T21:20:57+00:00February 15th, 2017|Categories: US, World|Tags: General Motors, Mary Barra, Opel, Peugeot, PSA|0 Comments