Peugeot-Opel deal

PSA Group’s purchase of General Motors’ Opel will trigger no immediate issues for Volkswagen‘s core automobiles division, which is going through significant restructuring, Volkswagen CEO Matthias Mueller stated. PSA is …

PSA Group has agreed to purchase Opel from General Motors in a deal estimating the company at 2.2 billion euros ($2.3 billion), the company stated, developing a new regional cars …

France’s PSA Group is going to announce a deal to purchase Opel from General Motors on Monday after striking an agreement with the American automaker and winning the blessing of …

France and Germany share common issues about the influence on jobs from PSA Group’s proposed tied-up with General Motor’s Opel unit, the two nations’ economy ministers stated on Wednesday after …

PSA Group’s proposed acquisition of Opel would quickly produce savings and worth from the General Motors European division’s turnaround and complementary brand names, the French automaker’s CEO Carlos Tavares stated …

PSA Group’s CEO provided assurances to German Chancellor Angela Merkel in a call that Opel would stay independent in a merged business with PSA as well as gave jobs and …

Germany and France consider that a proposed acquisition of General Motors’ Opel by PSA Group is going to be a win-win situation for both countries, their labor ministers stated. Andrea …

Initial talks in between the German government and automakers PSA and General Motors have led to some motivating signs that jobs at Opel factories will be maintained, though no assurances …

General Motors shares could climb up by as much as 35 percent if it prospers in selling its European Opel brand and concentrates on its much healthier markets, Barron’s stated …

PSA Group has vowed to the German government to continue running all four of Opel’s German production sites as part of the French automaker’s takeover of General Motors’ European arm, …