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05/03/2017 Peugeot buys GM's European arm with Opel and Vauxhall brands

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Business: Peugeot to buy GM's Opel, creating 2nd-largest European carmaker

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DailyFX European Market Wrap: PSA Buys Vauxhall-Opel from GM: 3/6/17

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Peugeot maker agrees to buy Opel as GM exits Europe

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General Motors sells Opel and Vauxhall to PSA

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Vauxhall-Opel sold by GM to Peugeot-Citroen | are UK jobs at risk?

French PSA group bought General Motors for €2.2 billion, merging the companies together. This expands their brands of Citroen and Peugeot by Opel and British Vauxhall. The deal makes PSA bigger than Renault, being second only to Volkswagen. UK government wanted to seek assurance on the UK jobs from PSA.
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