PSA mulling Opel buy

PSA mulling Opel buy

PSA Groupe is confirming it is in talks with General Motors for the potential purchase of Opel.

"We are still studying [the details] – we are ready to examine with General Motors the possibility of a potential acquisition [of] Opel," a PSA spokesman told just-auto from Paris.

"We confirm we are examining a number of strategic initiatives [for] our profitability and operational efficiency."

Further details are expected later.

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