i30 Owners Club

OFF TOPIC => WORLD NEWS => Motoring => Topic started by: eye30 on February 15, 2017, 09:37:16

Title: Peugeot in talks to buy GM's Vauxhall and Opel business
Post by: eye30 on February 15, 2017, 09:37:16

France's PSA Group, maker of Peugeot and Citroen cars, is in talks about taking over General Motors' (GM) loss-making European business Opel.

http://www.bbc.co.uk/news/business-38969791

Title: Re: Peugeot in talks to buy GM's Vauxhall and Opel business
Post by: Dazzler on February 15, 2017, 10:24:31

Wonder how that might affect our rebadged opel imports!

Title: Re: Peugeot in talks to buy GM's Vauxhall and Opel business
Post by: beerman on February 15, 2017, 10:27:24

Back to Daewoo??

Title: Re: Peugeot in talks to buy GM's Vauxhall and Opel business
Post by: Dazzler on February 15, 2017, 10:39:51

:Eek:

Title: Re: Peugeot in talks to buy GM's Vauxhall and Opel business
Post by: Asterix on February 15, 2017, 12:45:13

No wonder GM wants to get rid of Opel/Vauxhall...  :scared:  :sweating:

"The PSA announcement comes a week after GM reported a loss of $257m from its European operations last year.
That was the 16th consecutive loss-making year for GM in Europe, bringing its cumulated losses on the continent since 2000 to more than $15bn."

Opel had in the early 00's big case of timing belt's snapping even before the 60.000 km interval which is even shorter interval than most other brands anyway. I think that cost them many costumors. Furthermore Opel is known, at least around here, for making "boring Grandpa" cars. I think the newer Opel's look nice but it will take time to get rid of that association.