Peugeot Reaches Deal to Buy Opel and Vauxhall Brands From General Motors – Bloomberg

PSA Group and General Motors Co. are set to announce on Monday the purchase of the Opel brand by the French company, creating the region’s second-largest automaker and allowing GM to exit the European market, according to people familiar with the matter.

Source: Peugeot Reaches Deal to Buy Opel and Vauxhall Brands From General Motors – Bloomberg

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