PSA group to buy Opel and Vauxhaul in €2.2bn deal for GM's European operations

French car giant PSA Group is to buy the European operations of General Motors, including Vauxhall in the UK, for €2.2bn.

PSA group to buy Opel and Vauxhaul in €2.2bn deal for GM's European operations
Mon, 06 Mar, 2017 - 07:14

French car giant PSA Group is to buy the European operations of General Motors, including Vauxhall in the UK, for €2.2bn.

The announcement ends weeks of speculation about the deal and its impact on thousands of jobs at Vauxhall plants in Ellesmere Port and Luton.

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CourtsHeathrowPlace: UKPlace: Ellesmere PortPlace: LutonPlace: EuropePlace: Luton SouthPerson: Carlos TavaresPerson: Mary BarraPerson: Len McCluskeyPerson: General SecretaryPerson: Labour MPPerson: Gavin ShukerOrganisation: PSA GroupOrganisation: OpelOrganisation: VauxhaulOrganisation: GMOrganisation: General MotorsOrganisation: VauxhallOrganisation: PSAOrganisation: UniteOrganisation: BNP ParibasOrganisation: GM Financial
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