Peugeot owner PSA has announced a €2.2bn agreement to buy General Motors’ lossmaking Opel division in a deal that will see GM depart Europe after nearly a century there and reshape the continent’s car industry.
The deal to combine France’s PSA and Germany-based Opel, which owns the Vauxhall brand in the UK, will allow the maker of Peugeot and Citroën cars to ramp up its international development.
It will create the second-largest European carmaker after Volkswagen and one of Europe’s biggest manufacturers.
您已阅读23%（509字），剩余77%（1711字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。