Feb 15, 2017

Peugeot-Vauxhall: UK and Germany raise concerns on deal talks

Ministers have raised concerns after PSA Group, maker of Peugeot cars, said it was in talks to buy General Motors' loss-making European business Opel. Opel has thousands of workers at its plants in Germany and UK arm Vauxhall. Germany's government has signalled its concerns and frustrations with the possible deal. German ministers will discuss the deal with the French government in an effort to limit the potential impact on German workers, Chancellor Angela Merkel's spokesman said. In a bid to contain the outrage, General Motors chief executive Mary Barra travelled to Germany to answer questions about the deal on Wednesday.

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