Home » News » Peugeot » PSA - GM deal is coming to an end. The deal will be announce on Monday
A few weeks ago all the Internet gone crazy after PSA Peugeot - Citroen announced a future deal with General Motors. The most important part of that deal was that in which PSA will acquire Opel from GM. 

Now we have new details about this deal. According to Reuters, his board of PSA “approved the deal on Friday, with an announcement planned for Monday”. For now, both General Motors and PSA brands declined to comment.

PSA and GM managed to come with a deal after several months of discussions and negotiations. A sticking point was GM’s demands that “a PSA-owned Opel be barred from competing against its own Chevrolet lineup in China and other overseas markets”, according to the Reuters source. Stay tuned because on Monday we will have the official details on this deal.
 
 

Related Articles

Leave a Comment

Fields marked with * are required
Name *:
Email *:
Comment *:
Code *:
  CAPTCHA
  • Email
  • YouTube
  • RSS
  • Twitter
  • facebook
  • feedburner

Related Specs

  1. 2007 Peugeot 308 RC Z Concept

    Engine: EP6DTS Inline-4, Power: 162.6 kw / 218 bhp, Torque: 280 nm / 206.5 ft lbs
  2. 2003 Peugeot 4002 Concept

    N/AN/AN/A
  3. 2003 Peugeot 407 Elixir Concept

    Engine: V6 HDi, Power: 148 kw / 198.5 bhp, Torque: 440 nm / 324.5 ft lbs
  4. 2000 Peugeot 607 Feline Concept

    Engine: 60 Degree V6, Power: 156.6 kw / 210 bhpN/A
  5. 2004 Peugeot 907 Concept

    Engine: V12, Power: 372.9 kw / 500.1 bhpN/A

New Vehicles

Alfa Romeo Giulia Quadrifoglio and Stelvio Quadrifoglio “Alfa Romeo Racing”Alfa Romeo Giulia Quadrifoglio and Stelvio Quadrifoglio “Alfa Romeo Racing”
Alfa Romeo is using this year Geneva Motor Show to introduce two special models. One is Giulia Quadrifoglio and one is Stelvio Quadrifoglio. Both models ...

Concept Cars

Nissan IMk concept hints at future electric carsNissan IMk concept hints at future electric cars
Nissan is no stranger to building electric vehicles, so concepts are even more easy to build when you have the right platform. With this in mind, Nissan ...

Custom Cars

Volkswagen Golf GTI TCR was tweaked out by ABTVolkswagen Golf GTI TCR was tweaked out by ABT
ABT Sportsline has prepared a performance package for the Volkswagen Golf GTI TCR. As you already know, this version of the Golf was launched as a farewell ...

Future Cars

Skoda Octavia first sketches emergeSkoda Octavia first sketches emerge
Skoda is getting closer and closer to another milestone in the company history. The Czech manufacturer is preparing the unveiling of the new generation Octavia. ...

Market News

Lamborghini Huracan surpasses Gallardo production recordLamborghini Huracan surpasses Gallardo production record
When you think at the most popular Lamborghini ever created you think at Gallardo, as it eas the best sold car in the company’s history. Well, starting ...

Gadgets

Karma develops sound for its future electric carsKarma develops sound for its future electric cars
Many electric car manufacturers are exploring new options when it comes to sound. Even an electric car has to sound good. Due to the absence of a loud ...

Various News

Bentley Continental Flying Spur enters productionBentley Continental Flying Spur enters production
Luxury is now ready to reach new boundaries with Bentley starting the production of one new important model. The assembly of the new generation Flying ...

Motorsports

This is the new Porsche 99X Electric racer which will compete in 2019-2020 Formule E seasonThis is the new Porsche 99X Electric racer which will compete in 2019-2020 Formule E season
Porsche has officially unveiled the 99X Electric racer. The model was painted in Porsche's traditional motorsport colours of white, black and read and ...

Videos

Video. Watch how Koenigsegg Regera does 0-250-0 mpg in just 32.48 secondsVideo. Watch how Koenigsegg Regera does 0-250-0 mpg in just 32.48 seconds
A couple of weeks ago, the guys from Koenigsegg have announced that the Regera hypercar managed to smash the world record for 0-250-0 mph and also for ...