SHARE THIS ARTICLE

General Motors on Monday said it has agreed to sell its European business Opel for EUR2.

2 billion ($2.33 billion), as the U.S.'s biggest auto maker withdraws from a region where it hasn't made money for almost two decades.

Peugeot SA will pay EUR1.3 billion for GM's Opel and Vauxhall brands, the companies said Monday. GM's financial operations will be jointly acquired by Peugeot and BNP Paribas SA for about EUR900 million.
 

 



Read Article


GM Abandons European Market - Sells EU Division To Peugeot

About the Author

Agent009

User Comments

PUGPROUD
MDarringer
Vette71
MDarringer
nguyenvuminh
Terry989
MDarringer
Terry989

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]