General Motors sells Opel and Vauxhall to PSA

General Motors has agreed to sell its European business - the German Opel and British Vauxhall brands - to PSA, which will become Europe’s second-biggest carmaker in terms of sales.

by

    General Motors has agreed to sell its European business to PSA, which will become Europe’s second-biggest carmaker in terms of sales.

    The manufacturer of Peugeot and Citroen has pledged to return the German Opel and British Vauxhall brands to profitability but that may come at a cost, with Vauxhall workers in Britain fearing for their jobs.

    Al Jazeera's Jonah Hull reports from London.


    YOU MIGHT ALSO LIKE

    Why Jerusalem is not the capital of Israel

    Why Jerusalem is not the capital of Israel

    No country in the world recognises Jerusalem as Israel's capital.

    Strong quotes for Martin Luther King Jr Day

    Quotes from Martin Luther King Jr that resonate today

    Quotes of justice, education, religion and race said by MLK Jr.

    Bitcoin: Know the risks before you buy

    Bitcoin: All you need to know before you buy

    'Bitcoin is right now the riskiest investment you can make.' Here are the risks you should consider before you buy.