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Vauxhall employs 4,500 staff between its two major sites – at Ellesmere Port, which makes the Astra, and Luton where the Vivaro van is produced. (Reuters)


Peugeot Acquires Opel for $2.3 Billion

Peugeot Acquires Opel for $2.3 Billion

by | Mar 7, 2017 | Business

London and Paris – PSA Group, Peugeot-owner, announced on Monday that it reached a deal with General Motors to buy the Opel and Vauxhall brands for $2.3 billion. In addition, PSA will acquire French bank BNP Paribas, financial sector of GM-Europe, for €900 million....