PSA Peugeot Citroen will buy GM Europe, it has been confirmed and announced this morning. Vauxhall and Opel will come under the same control as Peugeot, Citroen and DS in the £1.9 Billion deal. Now there will be detailed due diligence discussions before the final contracts are signed, possibly in a year’s time. The deal is unlikely to see any changes in Vauxhall’s Ellesmere Port Astra … [Read more...]