GM

PSA Group finalise deal for Vauxhall and Opel 0

The owner of Peugeot, the PSA Group, has finally completed its long running takeover of General Motors’ European brands, Opel and Vauxhall. New management has been appointed to plot the attempted turnaround of the brands’ fortunes. The deal was agreed in principal back in March, when PSA agreed a deal to buy Opel from GM.(…)

Hyundai to maintain prices post-Brexit 0

Hyundai has opted to maintain its UK pricing at the same rate following the UK’s Brexit vote. Several car manufacturers, including Ford, Honda and Suzuki have raised their UK prices following the decision to leave the EU. This follows in the wake of resultant fluctuations in the pound. The South Korean company however believes keeping(…)

General Motors halts Saab’s Chinese takeover 0

It has been reported that the planned Saab takeover has hit a stumbling block. General Motors have threatened to stop supplying technology for Saab cars if the proposed Chinese investment goes ahead. The company sold Saab back in 2010. We reported in a previous article last month that Saab could survive and be on their(…)