Spectator on facebook

Spectator on facebook

Peugeot will become European carmaker no. 2

The car-making company Opel will change hands, French PSA Groupe thus becoming the second biggest carmaker in Europe.

PSA Peugeot Citroen in Trnava(Source: SITA)

Opel will not belong to the US automotive concern General Motors anymore, as the company agreed on an acquisition by the French company PSA Groupe, the Sme daily wrote.

PSA Groupe has, among other plants, one in Voderady near the city of Trnava in western Slovakia.

The transaction, amounting to €2.2 billion, was confirmed by both companies on March 6. With such a step, the French carmaker will become the second biggest carmaker in Europe.

The Trnava plant could also profit from this, as Opel Corsa could be produced there in the future. This is a small city model, in which the Slovak plant specialises. Last year, PSA Peugeot Citroën produced 315,000 cars – Peugeot 208, Citroën C3, and Citroën C3 Picasso, although the last is not a small city car.

Topic: Automotive


Top stories

Quidditch becomes reality in Slovakia as first teams emerge Video

The wizard sport, fighting for its status in the real sports world, has won the hearts of some Slovaks.

Robert Fico is not Saddam Hussein

It would take too long to list all the crazy distortions the international media presented about Central Europe and the Czech election campaign this week.

Babiš

Top stories from Last Week in Slovakia Video

Voters’ indifference affects regional votes - Can Slovaks be lured back from Britain? - Petit Press majority owner dies

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between October 20 and October 29, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

International Halloween Party