At the end of 2018, Opel’s emissions were still much higher than the PSA Group’s other brands – Peugeot and Citroen. If Opel didn’t meet the CO2 targets set by the EU for the 2020 and 2021 model years ...

As part of its restructuring campaign, General Motors aims to reorganize its marketing, sales and aftersales divisions belonging to the European brands it currently owns. Brent Dewar, GM Europe's head ...

GM will concentrate on more profitable markets Acquiring Opel/Vauxhall makes Peugeot SA Europe's second largest automaker GM owned Opel and Vauxhall since the 1920s Opel/Vauxhall lost $20 billion ...

General Motors Co. is considering reversing course and hanging on to Opel, and it is easy to figure out why. Keeping a foothold in Europe is vital for GM, and the company may be able to afford it. Six ...

Late last month reports emerged that GM's sale of Opel to a consortium of buyers led by Magna International and Russia's Sberbank could be done as early within weeks. Since then, the deal hasn't quite ...

German Chancellor Angela Merkel’s race to save automaker Opel — and the jobs of its 25,000 employees in Germany — is beginning to look like a high-speed pileup that could cost her at the polls. To get ...

DETROIT -- General Motors’ $2.2 billion deal to sell its European operations reshapes the global auto industry. For the first time in decades, GM management must figure out exactly what the company is ...

General Motors is selling Opel, its European division, to the PSA Group. The automakers announced the sale on Monday. The deal will total $2.3 billion (2.2 billion euros) and consist of GM's sales of ...

For those who lived through General Motors' restructuring in 2009, the automaker's decision to consider selling its European operations is a familiar idea that is just as bold today as it was when the ...

DETROIT -- General Motors has agreed to sell its Opel division to auto supplier Magna International and Russia's Sberbank after the companies hammered out intellectual property issues that had stymied ...

General Motors is in advanced talks to sell its European Opel subsidiary to France’s PSA Peugeot Citroen, Handelsblatt confirmed after Reuters broke the story. A Peugeot spokesperson told Handelsblatt ...