Following the announcement that PSA will take over GM's Opel/Vauxhall operations in Europe, IHS Markit explores the potential impact on PSA's powertrain strategy in this special feature. Implications: Although plans for diesel are likely to be reasonably simple, PSA could go in several directions on gasoline, electrification and … [Read more...]
PSA will buy Vauxhall, it is confirmed
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 … [Read more...]
Sunday drive: Vauxhall Mokka X 1.4T auto
The compact Vauxhall Mokka Crossover/SUV first launched in 2013 and received a major refresh at the end of 2016, when one of its additions to differentiate from past versions was to bear the additional branding of X, writes David Miles. Its main competitors, there are numerous others, are the Nissan Juke, Renault Captur, MINI Countryman, Fiat 500X, Ford … [Read more...]
“Encouraging” talks with PSA boss for Vauxhall
As General Motors tries to hammer out a deal to sell its long-struggling Europe business to PSA Group, how the companies will manage an underfunded pension plan for retirees remains to be sorted. GM’s pension plan for Opel and Vauxhall retirees is underfunded by about $9 billion, according to Bloomberg News. PSA would like GM to … [Read more...]
Newslines 21 February: Vauxhall pensions mountain
The pensions deficit at Vauxhall stands at about £1 Billion, Reuters has been told. Peugeot is considering taking over GM's European divisions Vauxhall and Opel, and many multinational companies including Tata Steel have had to deal with increased pension spending, and it could be a factor which influences Peugeot in where to make any possible cuts … [Read more...]
Newslines 18 February
Councils want part of the fuel duty ring-fenced to pay for pothole repairs, which they have blamed on the rise in larger lorries. The RAC has been campaigning for this for several years but disputes the LGA assumption the damage is due to bigger vehicles and says it's an historic problem and the alternative would be smaller but more lorries leading to … [Read more...]
UK concerns over Vauxhall plants
Britain has contacted the president of General Motors to express concerns after the American firm opened talks to sell its European operations, including the Vauxhall plants in England, to France's PSA Group. The Department for Business said the government remained in close contact with GM and was monitoring the situation after the two companies said on … [Read more...]
Vauxhall face PSA merger deal to cut costs for firms
Vauxhall is facing the prospect of a merger with French vehicle maker PSA Peugeot Citroen. The British company’s parent and co-owner of Opel, General Motors, wants to divest itself of its two European operations. Vauxhall Opel and PSA have for five years collaborated on SUV and LCV projects but now their tie up could become more extensive and would … [Read more...]
Best-buy 4x4s listed
With severe snow warnings in place for most of the UK, many motorists may consider buying a 4x4 for the winter months. Automotive data expert hpi has put together a list of this season's best buys with Tim Bearder, Black Book Editor at hpi. Tim said, “This all depends on your budget of course if you are thinking of spending £40-£60,000 then three cars … [Read more...]
Car market is thermometer of UK economy
It has been a year of ups and downs for the economy. The first half of 2016 was dominated by uncertainty in the lead up to the EU Referendum, which caused many businesses to halt investing and hiring until the result of the vote was known. Once the result for Brexit was confirmed, this understandably shook the economy and caused several industries to … [Read more...]
