A seismic change in the European car market
France’s PSA Peugeot Citroen Group has announced that it is to buy Adam Opel AG, the General Motors company which also controls Vauxhall, through its GM Automotive UK Ltd subsidiary. The deal is costing Peugeot around $2.3 billion on paper, but in reality its is far better deal than that as the cash element of […]
France’s PSA Peugeot Citroen Group has announced that it is to buy Adam Opel AG, the General Motors company which also controls Vauxhall, through its GM Automotive UK Ltd subsidiary. The deal is costing Peugeot around $2.3 billion on paper, but in reality its is far better deal than that as the cash element of […]
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