GM said today it will sell its European Opel division to PSA Peugeot Citroën, the French parent of the Citroën, DS and Peugeot brands, for 2.2 billion euros (approximately $2.33 billion). Among the questions surrounding the sale—which includes the U.K.-market Vauxhall brand—is where the change in ownership leaves Opel's... GM sells Opel; is plan to switch to electric cars by 2030 now in limbo?
GM said today it will sell its European Opel division to PSA Peugeot Citroën, the French parent of the Citroën, DS and Peugeot brands, for 2.2 billion euros (approximately $2.33 billion). Among the questions surrounding the sale—which includes the U.K.-market Vauxhall brand—is where the change in ownership leaves Opel's...