PSA to acquire Opel/Vauxhall from GM
Scale drives PSA’s Opel ambitions – COMMENT
The deal is all but done, scheduled to complete this year. Opel/Vauxhall is to become part of the PSA Group.…
UK auto workers union to “fight” for GM plants’ “future”, UK welcomes assurances
The key union representing British workers, Unite, has said "the fight begins now" to secure a future for the General…
Hard Brexit could boost UK supply chain – Carlos Tavares
PSA Group says there could be significant opportunities for the UK supply chain following its proposed purchase of General Motors'…
PSA’s Tavares plays down job cuts after Opel buy
PSA Group chief executive Carlos Tavares has stressed the opportunities ahead for Opel/Vauxhall plants in the new larger group and…
Opel/Vauxhall to join PSA Group
GM is to sell its loss-making European operations to PSA Group in an EUR2.2bn deal expected to close by the…
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Spanish minister confident as GM/PSA unions fret
With a deal between GM and PSA for the sale of Opel possibly to be announced on Monday, a Spanish…
COMMENT – Europe’s race to the bottom and the squeezed middle
There's been a lot of talk recently about globalisation and the race to the bottom it engenders. Once costs have…
Opel cannot continue ‘burning cash’ – Carlos Tavares
PSA Groupe says Opel cannot go on 'burning cash for ever,' insisting its proposed purchase of the General Motors subsidiary could…
Unite rates Tavares Vauxhall meeting as “relatively positive”
British labour body, Unite, has issued a cautious appraisal of its meeting today (24 February) with PSA Group CEO, Carlos Tavares,…
PSA chief eyes cost savings after Opel buy
PSA chief Carlos Tavares is looking for large and 'speedy' cost savings following the planned acquisition of Opel/Vauxhall, reports say.…