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Peugeot’s owner acquires Opel and Vauxhall

06/03/2017
Peugeot’s owner acquires Opel and Vauxhall

PSA, the French automotive company that owns the Peugeot and Citroen brands, has purchased the European unit of fellow car-making heavyweight General Motors for €2.2 billion (£1.9 billion). The deal, which will see PSA acquire the Opel and Vauxhall brands, will make PSA Europe’s second largest car-maker, behind Volkswagen. Carlos Tavares,...

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