UK offers Peugeot guarantees on post-Brexit auto industry

2017/2018 Opel Crossland X images

Britain has offered Peugeot maker PSA Group guarantees on post-Brexit trade and supply chains in an effort to protect Vauxhall auto plants after a potential takeover, according to a Financial Times report on Saturday. Business, Energy and Industrial minister Greg Clark met French political leaders and PSA executives in Paris on Thursday to talk about […]

German minister Brigitte Zypries supports Peugeot-Opel deal after GM assurances

Brigitte Zypries

Germany expects PSA Group’s proposed acquisition of Opel to proceed, a minister stated on Thursday, after the United States automaker looked to ease fears of massive plant closures. “I expect it to take place,” Economy Minister Brigitte Zypries informed reporters after conversations with senior executives from General Motors and PSA, maker of Peugeot and Citroen […]

Greg Clark says told Nissan he will emphasize common ground with EU

brexit and eu

The British federal government made numerous assurances to Japanese automaker Nissan prior to recent statement it would construct 2 brand-new models in Britain, company minister Greg Clark stated on Monday. The choice to construct the designs at Britain’s biggest vehicle plant, instead of somewhere else in Europe, was won with exactly what a source referred […]