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 TrnavaPSA 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.

SkryťRemove ad
Article continues after video advertisement
SkryťRemove ad
Article continues after video advertisement

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.

Top stories

News digest: Hospital doctors resign en masse

Matovič confidence vote delayed until next week. Cities cut back, tourist sites go dark as authorities look to save energy. Learn more in today's digest.


2 h
Illustrative photo, elections.

How to vote for your local councillors

Foreigners with permanent residence can vote.


9 h
Photo of Ukrainian high-school graduates by Michal Burza won the Current Affairs category as a single photo.

He took the best press photo of the year: we had no idea what terrible things had yet to happen

Photos from Ukraine as well as from Luník IX (Košice) awarded in the annual press photo competition. Winning photos on display in Bratislava's centre for another month.


12 h
SkryťClose ad