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comment by kleinbl00
kleinbl00  ·  2579 days ago  ·  link  ·    ·  parent  ·  post: Sold! GM Offloads Opel onto PSA Peugeot Citroen

We've been here before. Last time, they put a clause that forbid Magna from selling Vauxhall or Opel in the US. Then everyone went all trade-protectionist on it and the whole thing blew up.





user-inactivated  ·  2578 days ago  ·  link  ·  

That might be PSA's saving grace then. They're one of the few companies that haven't ever really talked about trying to break into the American auto market. I'm on lunch right now, but when I get home I might try and look into whether or not the previous sale was in the time of "Old GM." The politics of that entire restructuring might have played an unspoken role in the failure of their previous attempt.