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

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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