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Old 02-19-2017, 09:12 AM
Tomm14 Tomm14 is offline
Join Date: Sep 2006
Posts: 130
Exclamation [Huge News !!] PSA about to buy Opel from GM


I'm completely surprised nobody already created a thread for the current biggest news from Europe: discussions between GM, PSA and Opel but also governments of Germany, France and UK(Vauxhall plants) !!!

The deal is that GM seems to want to get out from Europe and to sell its european activities(Opel/Vauxhall)...
I don't know why they decided to ask in first Peugeot Citroën(PSA)if they wanted to buy these activities, maybe because they already have technical cooperations
The fact is Carlos Tavarès from PSA totally agree the proposition of GM and are discussing about modalities...

In the same time, german government(Angela Merkel)and UK government expressed worries about the deal because of employments risks(closure of factories, etc) Mary Barra(GM)and Carlos Tavarès went to Germany to try to calm the governments and promising to keep the Opel activities in Germany...

According to different sources, Something should be announced on next thursday(and anyway Opel and PSA hope the deal will be signed before Geneva Motorshow in march)
The sources also announce the cost: PSA would pay GM about 2 milliards dollars to buy Opel and everything that go with it...

So here is the big story from Europe these last days ;)
Old 02-19-2017, 05:53 PM
Ascariss's Avatar
Ascariss Ascariss is online now
Join Date: Dec 2002
Location: Gdansk, Poland
Posts: 5,605

they have, closed
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