- Reuters•2 hours ago
PSA Group's (PEUP.PA) proposed acquisition of Opel from General Motors (GM.N) offers benefits to all sides, but the companies must address concerns about jobs, French Economy Minister Michel Sapin said on Wednesday. Paris-based PSA and GM confirmed last week that they were in negotiations on a deal to create Europe's second-largest carmaker by sales behind Volkswagen (VOWG_p.DE), sparking criticism in Germany and Britain amid fears of possible job losses. Later, after meeting with PSA Chief Executive Carlos Tavares, Sapin and French Industry Minister Christophe Sirugue issued a statement saying that they supported the deal.
- The Wall Street Journal•3 hours ago
Peugeot Chief Executive Carlos Tavares on Wednesday continued his charm offensive ahead of the car maker’s proposed acquisition of the European operations of General Motors, telling U.K. Prime Minister ...
- Reuters•4 hours ago
LONDON/FRANKFURT/PARIS (Reuters) - French carmaker PSA Group (PEUP.PA) expects its planned acquisition of General Motors' (GM.N) Opel division to lead to combined sales of 5 million vehicles by 2022 and save as much as 2 billion euros ($2.1 billion) annually, sources said, adding that a deal could be finalised in early March. PSA also plans to make swift progress on technical convergence with GM's European arm, bringing new Opel models such as the popular Corsa mini onto the Paris-based manufacturer's own vehicle architectures to reduce duplication, two people with knowledge of the matter said on Wednesday. Paris-based PSA and GM confirmed last week that they were in negotiations over a PSA-Opel tie-up to create Europe's second-largest carmaker by sales after Volkswagen (VOWG_p.DE).
GM : Summary for General Motors Company Common S - Yahoo Finance
General Motors Company (GM)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||37.79 - 38.10|
|52 Week Range||27.34 - 38.38|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||6.31|
|Dividend & Yield||1.52 (4.08%)|
|1y Target Est||N/A|