Mar 6, 2017 · Detroit and Paris – General Motors Co. (NYSE:GM) and PSA Group (Paris:UG) today announced an agreement under which GM’s Opel/Vauxhall subsidiary and GM Financial’s European operations will join the PSA Group in a transaction valuing these activities at €1.3 Bn and €0.9 Bn, respectively.

Peugeot S.A., trading as Groupe PSA (French pronunciation: [ɡʁup pe ɛs ɑ]) (formerly PSA Peugeot Citroën from 1991 to 2016) was a French multinational automotive manufacturing company which produced automobiles and motorcycles under the Peugeot, Citroën, DS, Opel and Vauxhall brands.

The sale of GM Financial's European operations to Groupe PSA and BNP Paribas is expected to close later this year, subject to various regulatory approvals. General Motors Co. (NYSE: GM, TSX: GMM), its subsidiaries and joint venture entities produce and sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang and Wuling ...

Aug 1, 2017 · Today it has secured the purchase of GM Europe’s Opel and Vauxhall operations, these brands manufacturing cars for precisely the same segments in which Peugeot's parent company, the PSA Group...

Mar 6, 2017 · General Motors executives said they decided to sell Opel because Europe’s changing geo-political and regulatory climate demands more investment at a time when they see a greater need to focus on...

Mar 6, 2017 · General Motors has agreed to sell two loss-making car brands to a French manufacturer, a deal announced Monday that valued the businesses at $2.3 billion. Its sale of German-based Opel and...

Feb 14, 2017 · PSA Group and General Motors confirm they are exploring numerous strategic initiatives aiming at improving profitability and operational efficiency, including a potential acquisition of Opel Vauxhall by PSA.

Mar 6, 2017 · It’s a done deal: today, after weeks (or possibly even longer) of negotiations, General Motors has officially announced that it has sold its Opel -Vauxhall subsidiary to French automaker PSA Group...

Jul 24, 2018 · PSA Group said Tuesday that Germany's Opel and its UK sister brand Vauxhall generated an operating profit of €502 million ($587 million) in the first six months of the year. It's a stunning...

Mar 6, 2017 · PSA has announced a €2.2bn deal to buy General Motors’ lossmaking Opel division in a move that will make the Peugeot and Citroën owner the second-largest carmaker in Europe. The deal will see...