PAS takes over Opel and DongFeng Motors becomes co-owner
The tough logic behind PSA’s takeover of Opel
Tavares offers a lossmaking producer its best chance of survival
DongFeng Motors has 14% share of PSA.
Now Opel is loss from GM then it will certainly get to be sold in China soon.
The imminent 2 billion Euro takeover of General Motors’ European subsidiary Opel by French carmaker PSA Peugeot Citroen comes after almost two decades of crisis for the historic manufacturer.