Home » News » Peugeot » PSA Peugeot - Citroen will buy Opel
According to a recent report, PSA Peugeot - Citroen and General Motors are discussing a possible merger. Reuters said that the two auto manufacturers are holding talks for a merger of German manufacturer Opel with PSA. 

A French spokesman confirmed the information to Reuters. “We are in discussions with Opel to expand upon our existing projects,” said Bertrand Blaise. 

PSA Peugeot - Citroen will buy Opel
“I can see why GM may possibly seek to sell its European division, which hasn’t made money in many years. It is less clear why Peugeot would be interested in buying GM’s assets. The purchase would give them capacity in Germany, one of the most expensive countries to produce cars and would lead to excess capacity", added George Galliers, an analyst with Evercore ISI.

As a result of this merger, PSA will become the second bigger car manufacturer in Europe. Volkswagen will stay on the first position while Renault will come on the third. 

An official statement will be made in a few days so stay tuned. 

Related Articles

Leave a Comment

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

Related Specs

  1. 1985 Peugeot 205 T16 Group B

    Engine: XU8T Inline-4, Power: 316.2 kw / 424 bhp @ 7500 rpm, Torque: 490.81 nm / 362.0 ft lbs @ 5500 rpm
  2. 2001 Peugeot 206 WRC

    Engine: XU9J4, Water Cooled, Aluminum Block & Head Inline-4, Power: 223.7 kw / 300.0 bhp @ 5250 rpm, Torque: 535 nm / 394.6 ft lbs
  3. 2002 Peugeot 206 WRC

    Engine: Auminum Inline-4, Power: 223.7 kw / 300 bhp @ 5300 rpm, Torque: 535 nm / 394.6 ft lbs
  4. 2006 Peugeot 207 RCup

    Engine: Inline-4, Power: 208.8 kw / 280 bhp @ 8500 rpmN/A
  5. 2007 Peugeot 308 RC Z Concept

    Engine: EP6DTS Inline-4, Power: 162.6 kw / 218 bhp, Torque: 280 nm / 206.5 ft lbs

New Vehicles

Hyundai i30 N Line starts at £21,255 in UKHyundai i30 N Line starts at £21,255 in UK
After a long wait, Hyundai is finally making the most of its new N Performance division. The South-Korean manufacturer has officially announced the pricing ...

Concept Cars

Toyota unveils P4 Automated Driving ConceptToyota unveils P4 Automated Driving Concept
Toyota is conducting intensive tests for its autonomous cars. The technology is there and is developing fast, so Toyota wants to see how it performs in ...

Custom Cars

ABT Cupra Ateca offers more powerABT Cupra Ateca offers more power
Just introduced on the market during this fall, the new Cupra Ateca already benefits from a tuning package created by a german tuner. It is well known ...

Future Cars

Mercedes-Benz Vans launches the Vision URBANETIC conceptMercedes-Benz Vans launches the Vision URBANETIC concept
Mercedes is more and more into autonomous cars and is developing new technologies, fot the moment only at a concept stage. So is the Vision URBANETIC, ...

Market News

Peugeot produced its one millionth C-segment carPeugeot produced its one millionth C-segment car
When Peugeot decided to replace its family cars with SUV's everyone understood the French brand is on its way to becoming a popular choice on the european ...

Gadgets

Harman launches a technology to improve in-car phone conversationsHarman launches a technology to improve in-car phone conversations
Talking on the phone in car is quite a challenge for some volume cars, that don't offer very good sound quality for conversations. Harman is the biggest ...

Various News

Ford issued an urgent recall for 2006 RangerFord issued an urgent recall for 2006 Ranger
Ford is still suffering after Takata scandal. The airbags affected by the recall are putting life at risk for some Ford customers. That's why Ford is ...

Motorsports

Volkswagen ID R Pikes Peak - officially unveiledVolkswagen ID R Pikes Peak - officially unveiled
Volkswagen has officially unveiled the new Volkswagen ID R Pikes Peak Concept. The car is set to compete in the famous Pikes Peak Hill Climb event which ...

Videos

VIDEO: BMW M5 Competition face to face with Mercedes-AMG E63 SVIDEO: BMW M5 Competition face to face with Mercedes-AMG E63 S
The guys from CarWow have prepared something special for this hollyday season. They have pulled out a BMW M5 Competition and a Mercedes-AMG E63 S and ...