General Motors has sold its money-hemorrhaging Opel division to France’s Peugeot-Citroen for about $2.3 billion. The sale makes PSA Europe’s second-largest automaker, and it signals the end of GM’s presence in Europe.
GM sells Opel to Peugeot for $2.3 billion
General Motors has sold its money-hemorrhaging Opel division to France’s Peugeot-Citroen for about $2.3 billion. The sale makes PSA Europe’s second-largest automaker, and it signals the end of GM’s presence in Europe.