• PSA Groupe Completes Acquisition Of Opel And Vauxhall

    15 days ago - By Auto Savvy

    PSA Groupe is now the second largest car manufacturer in Europe. Thanks to the takeover of the Opel and Vauxhall car brands from General Motors, the French automotive group now has a 17 per cent market share in its home continent. Formalities to acquire both the brands from the American auto giant began in and the transition is valued at around 2.3 billion USD . Opel is a German car manufacturer and Vauxhall is its British subsidiary. PSA says that this acquisition will help the company strengthen its roots in major European markets and will also serve as a foundation for profitable growth...
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