Peugeot – purchase of Opel?

The French government has suggested to PSA, the largest auto manufacturer in France, to try and acquire Opel in an effort to better compete with VW. However, PSA and GM (Opel’s parent company) are already forming an alliance in Europe.

Although an alliance is formed, the income from Opel’s sells will ultimately be going towards GM, and not contributing to the French economy.

Source:
http://www.nasdaq.com/article/french-government-wants-peugeot-to-buy-open-from-gm–report-20130107-01617#.UPPI8SeEy3U

http://online.wsj.com/article/SB10001424127887324081704578231774190498216.html

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s