And now they have this...
Posted on 02/14/2017 5:39:50 AM PST by Olog-hai
France’s PSA Group, maker of Peugeot and Citroën cars, says it’s exploring a “potential acquisition” of Opel, the money-losing European business of General Motors Co. […]
GM has endured years of losses at Opel, its main brand in Europe. It had hoped to reach break-even by now, but last year posted a loss of $257 million for the year. …
(Excerpt) Read more at hosted.ap.org ...
Opel autos were once sold at Buick dealers in the US.
The crappiest cars in the world under one roof.
And now they have this...
GM destroying Opel like they did Saab.
Back in the ‘80’s I was in Germany for two weeks on business, and was given a 3 liter Opel to drive. It cruised easily at over 200 kph on the Autobahn. It was a very nice car.
I always enjoyed the entrance and exit signs for the Autobahn: Einfahrt/Ausfahrt.
Some enterprises aren’t worth saving.
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