At the same time, GM said it will have to take a primarily non-cash special charge of $4 billion to $4.5 billion in connection with the sale. GM said it will pay PSA 3 billion euros ($3.18 billion
1 Aug 2017 General Motors and French automaker PSA Group on Tuesday announced the completion of the sale of Opel. Its acquisition of Opel means
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Don't miss what's happening in your neighborhood. 2017-03-06 · GM is selling Opel and Vauxhall to Peugeot parent PSA to be less global but more profitable on software. Opel Kadett. 1.4 Used 1998 OPEL KADIETT 1.4 MANUAL for sale in Johannesburg Blue in Colour.with 115000km and its going for R38000.This car has A/c, CD, MP3,AUX, Mags,and has a low mileage and its worth your viewing. Fastest Growing Upcoming dealership in Johannesburg Vehicle Sales on Sundays to Serious Cash Buyers only.
av en intervju med Peter Hallberg, vd för GM Återförsäljareförening. (s.8).
Opel is one of the oldest car manufacturing brands, as the company was founded by Adam Opel in Russelsheim Germany in 1863. However the company started off making sewing machines and later moved onto high-wheel bicycles before finally making the first Opel vehicle in 1899.Opel continued expanding and by 1913 was Germany’s largest car manufacturer and installed Germany’s first car
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General Motors announced today that the intended sale of Saab Automobile AB Cadillac, Chevrolet and GMC – and several regional brands, including Opel
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In the two years following the sale, GM's earnings from its global auto business were more than 8%, compared with just above
2018-07-24 · The sale of Opel to PSA ended nearly a century of GM ownership. The US carmaker had not posted a full-year profit in its European operations since 1999.
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With Opel gone, GM’s ability to develop good small cars for North America is very compromised. I like my “Buick Regal”. Keep in mind, that GM paid BILLIONS to PSA to fund or cover Opel pension obligations. So GM did not net much from the sale…. Kind of like Fiat..GM paid too much for it’s stake, and then paid to unload it.
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