PSA—A French automobile group—is looking forward to a merger with Opel.
General Motors is one of the largest automobile manufacturers on the globe, and PSA knows that better than anyone else. Recently, in the midst of February, it approached GM and underwent talks to merge activities of its infamous Peugeot with two GM brands.
The brand PSA is quite interested in the British Vauxhall and German Opel. For some reason, PSA backed off from revealing much about the talks held in the meeting. The French automaker has previously been linked to GM with mergers.
Although much hasn’t been unveiled yet, the talks have sure been confirmed. Several sources have affirmed that the automobile giants will unveil the outcome within a couple of days. If this happens, the auto geeks can expect a blend of great technology in the future Peugeot models.
Furthermore, an emerging market leader in the French automobile market will also be seen. However, the newly-formed manufacturer will still need to do a lot to acquire the major market share, currently owned by Volkswagen. This merger may also put a stop to the much-failed attempts of GM to place its feet in the European market.