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Showing posts with label GM. Show all posts
Showing posts with label GM. Show all posts

Le Monde says Peugeot-Citroen will buy Opel, GM denies it


The French newspaper, Le Monde, claims that the French government was planning the movements necessary to buy Opel. This idea is not entirely unreasonable, GM wants to get rid of Opel, which only gives prejudice. and PSA would have access to new technical skills and their "German" position in market share.

GM and PSA don't like each other anymore


General Motors and PSA are no longer in talks for a possible tie-up between Peugeot and Opel for an operational partnership. Several people with direct knowledge of those discussions have said the negotiations stopped because of the French carmaker's worsening finances and government-backed bailout.