We’re well aware of the reported troubles of GM Europe. Though Opel and Vauxhall are not the only brands struggling in the Old World. French automaker PSA Peugeot Citroën has been having its fair share of struggles as well, as the company announced 6,000 job cuts late last year (just in time for the holidays) and the sudden stoppage of their Le Mans racing program.
With all of the adversity in mind, Automotive News is reporting that a pair of European news outlets, France’s La Tribune and England’s The Financial Times, insist that General Motors and PSA Peugeot Citroën are “in advanced talks about an alliance.”
Can new negatives make a positive, as taught in middle school math class? We might hear an announcement at the Geneva Motor Show next month. And to all of our European readers, would this merger make sense to you?Google+