Peugeot Acquires Opel Vauxhall brands – Full Merger Details
According to Reuters, the PSA Group (Peugeot and Citroën) approved a deal where General Motors agreed to sell its Opel and Vauxhall brands to the PSA Group. The French company struck a 2.2bn euro (£1.9bn) deal to buy General Motors’ European unit, including Vauxhall. GM Europe has not made a profit since 1999 and the deal… (0 comment)