RUEIL-MALMAISON, France--(BUSINESS WIRE)--Regulatory News: A new Paris address serving Opel customers in the French capital PSA Retail (Paris:UG) is proud to announce the opening of a new Opel ...
General Motors confirmed on Monday that it has reached an agreement to sell its struggling European division Opel to French auto giant PSA Group, the parent of French brands Citroën, DS and Peugeot.
Forbes contributors publish independent expert analyses and insights. U.K.-based Neil Winton covers the European Auto industry. France’s PSA Group is said to be close to buying General Motors ...
FRANKFURT, Germany - France’s PSA Group, maker of Peugeot and Citroen cars, says it’s exploring a “potential acquisition” of Opel, the money-losing European business of General Motors (GM). PSA Group ...
The PSA Group, which now owns Opel, announced that the next-generation of the German automaker’s small SUV will be produced at its Poissy plant in France. The replacement of the Opel/Vauxhall Mokka X ...
Officially announced on February 29, 2012, GM and PSA-Peugeot’s ‘Global Strategic Alliance'(GSA) hasn’t exactly panned out as planned. For one thing, Opel decided to build its new city car, the Karl, ...
Shares in France’s PSA Group jumped Tuesday morning on the news that it was considering acquiring General Motors' European brands, but this proposition has been mooted in the past and failed. Late ...
The next generation of the Opel Zafira MPV may be built at PSA Peugeot-Citroen’s Sochaux plant in France, according to a report from French business daily Les Echos citing various anonymous sources ...
After a month of swirling rumors, General Motors and France’s PSA Group officially announced PSA’s acquisition of GM’s Opel/Vauxhall European operations for a €2.2-billion ($2.33-billion USD) sum. The ...
PARIS — General Motors is selling its loss-making European car business, including Germany’s Opel and British brand Vauxhall, to France’s PSA group in a deal that realigns the industry in the region.
Multiple media sources are reporting that an acquisition of General Motors’ European divisions by France’s PSA Group could occur within a matter of days. Talks between GM and PSA, maker of the Peugeot ...
General Motors and French automaker PSA Group on Tuesday announced the completion of the sale of Opel. Its acquisition of Opel means PSA Group is second only to the Volkswagen Group for size among ...