General Motors
French group PSA acquires GM’s European business for $2.3 bn
06 Mar 2017
The acquisition will elevate PSA Group as No2 automaker in Europe with the addition of Opel and Vauxhall brands while advancing GM’s transformation and unlocking shareholder value through disciplined capital allocation
GM in talks to sell Opel arm to Peugeot, exit Europe
15 Feb 2017
The surprise decision to sell Opel is in line with CEO Mary Barra’s promise to have GM “disrupt ourselves” rather than be jolted by outside forces – but exiting such a large market as Western Europe is risky, say analysts
General Motors rethinks India plans, defers $1bn investment
23 Jan 2017
General Motors, which had in 2015 announced plans to invest $1 billion to expand manufacturing operations and roll out 10 new car models, has now put a freeze on investments on the new products