Post Tagged with: "GM PSA alliance"

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Opel to build Peugeot-based cars

Opel to build Peugeot-based cars

General Motors and PSA Peugeot Citroen agreed to collaborate on a new range of small cars and minivans based on the French company’s technology. However, the carmakers’ joint car programs are nearing some tough decisions regarding the plants where the cars will be made, GM vice-chairman Steve Girsky and Peugeot […]

Talks of a tie-up between Peugeot and Opel reportedly dropped

Talks of a tie-up between Peugeot and Opel reportedly dropped

General Motors and PSA Peugeot Citroen have halted talks on further integration amid doubts about the French carmaker’s worsening finances and government-backed bailout. According to people familiar with the matter quoted by Reuters, the companies, already pursuing an operational partnership announced in February, had also been considering a full combination […]

Report: GM and PSA planning a joint venture between Opel and Peugeot-Citroen

Report: GM and PSA planning a joint venture between Opel and Peugeot-Citroen

General Motors and PSA Peugeot-Citroen are planning an European joint venture to strengthen their carmaking alliance announced earlier this year. The news was brought by French online business newspaper La Tribune on Friday. The joint venture would be formed by GM’s European subsidiary Opel and PSA Peugeot-Citroen’s core manufacturing division. […]

GM to build mid-sized vehicles for PSA

GM to build mid-sized vehicles for PSA

US based automaker General Motors plans to build mid-sized vehicles for PSA Peugeot Citroen, while the Frech carmaker will assemble a compact model for GM’s Opel brand according to media reports on Thursday. Under current plans, GM would build a replacement for the Citroen C5 mid-size sedan, the Paris-based company’s […]

GM increased its stake in Peugeot to 7%

GM increased its stake in Peugeot to 7%

United States (US) auto giant General Motors (GM) has increased its stake in French automaker Peugeot above a 5 percent regulatory threshold after subscribing to the French company’s capital increase last month. Under the agreement, a joint global committee aims to generate some US$2 billion (S$2.5 billion) in savings annually […]