2 days agoOfficial: Opel becomes part of Peugeot
Periskopi(9 years ago)
(9 years ago)August 1, 2017, is a historic and emotional day for Opel and Waujall. The passage of Opel Automobile GmbH, with its brands Opel and Vaujall, owned by Peugeot, has taken a cut. Both of these brands, which were part of General Motors, are now part of the Peugeot, or rather the French PSA group. “E [...]
August 1, 2017, is a historic and emotional day for Opel and Waujall.
The passage of Opel Automobile GmbH, with its brands Opel and Vaujall, owned by Peugeot, has taken a cut.
Both of these brands, which were part of General Motors, are now part of the Peugeot, or rather the French PSA group.
“E opened a new chapter in our history becoming part of the group PSA after 88 years with General Motors. We will continue our course by producing German technology which is available for all”, the leaders of Opel and Vaushal have said.
Integration of Opel and Vaujall will give PSA the market share of about 17 per cent in Europe, thus The PSA will become the second largest automaker on this continent.
Our March will remain independent. With its German and British roots, Opel and Vaujall are a perfect addition to the PSA portfolio, which consists of Peugeot, Citroen and DS. As part of the group The PSA will strengthen the power of our brands even more”, PSA leaders have said.
