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GM axes deal with Peugeot Citroen: how it helps Vauxhall
Sat, 14 Dec 2013Wolfgang Rattay, Newscom, RTR Strange as it sounds, the sale of GM’s 7% share it only just bought in Peugeot is good news for Vauxhall buyers. The reason is that it is the last stage of GM’s plan to improve the plight of Opel and Vauxhall by getting rid of all the distractions and focusing on improving the cars and the marketing. The Peugeot move has to be seen in the context of GM pulling Chevrolet out of Europe only a few weeks ago.
Magna gets Vauxhall and Opel
Sat, 30 May 2009Canadian parts maker Magna takes control of Opel and Vauxhall The German Government is to supply funding of €1.5 billion to help the new Opel/Vauxhall operation to finance the transition. The news hasn’t come a moment too soon, as the US Government had given GM only until Monday to resolve the issue before the likely bankruptcy of GM. The Opel/Vauxhall operation will now be ring-fenced from the insolvency of its former parent in the US and will become ana entity in its own right.
New Peugeot 108 revealed ahead of Geneva debut
Fri, 14 Feb 2014The new Peugeot 108 (pictured) revealed ahead of a Geneva debut The new Peugeot 108, revealed this morning ahead of a Geneva Motor Show debut, is Peugeot’s new take on the city car and, certainly at first look, it seems a good effort. We always liked the Peugeot 107 and its ability to look better than its Citroen and Toyota siblings, be nippy and frugal around town and small enough to park almost anywhere. And although the new Peugeot 108 looks more grown-up, it does seem to promise what the 107 delivered but in a more sophisticated package.
