It would be interresting to know what what exactly is included in the takeover (which is always a secret)... because Opel/Vauxhall are nothing without the GM side, I bet GM owns most of the patent/design rights too...They are buying GMs loss making european operations which means they are efectively buying into renault too and a bit of fiat as renault trafics are vivaros and also fiat talentos
corsas are puntos combos also have fiat parts astras are being sold at a loss its a bit of a minefield to be honest and i cant see the logic in it other than to gobble up the competition then hang them out to dry as BMW did with rover take what they want throw the rest away.
Not sure how renaults going to like sharing things with peugeot again !!
Jobs seem safe it seems which is good news for Vauxhall.Thats the only logical conclusion kill off the competition build more of your own in their factories![]()
Oh dear:
The PSA Group, parent company of Peugeot and Citroen, is reportedly seeking a refund from General Motors for half the purchase price of Opel.
PSA Group wants refund from GM for Opel purchase – report
I thought their plan was to start using PSA platforms and engines ASAP... like in 3 years time.... In that case why are they worried about the new CO2 norms, I am not sure...Oh dear:
The PSA Group, parent company of Peugeot and Citroen, is reportedly seeking a refund from General Motors for half the purchase price of Opel.
PSA Group wants refund from GM for Opel purchase – report
It belonged to France in the first place. The United States bought them (actually most of the middle of what is now the USA from the gulf coast to the Canadian border) at the bargain price of a bit less than 3 cents per acre. The deal was finalised in December 1803.I see that.
I don't fancy the chances of a French company getting any dosh back from those Americans somehow!
They still haven't forgiven the french for steeling their southern states way back when..
Grumpy
I'd love to know why you think the current engines are crap. I've had nearly as many Vauxhall as Peugeot and the Vauxhalls have been more reliable, more efficient, more powerful and generally easier to work on.They want a refund because they were lied to they hoped to continue using opels stuff for longer but will now need to retool everything quicker but in all honesty thats no bad thing
3 years is a LONG time and could have resulted in a lot of sales and allow time to do the changeovers necessary in stages but as the current engines are crap they are not worth continuing with and are certainly not worth investing time and money in improving this is why PSA is unhappy.