The report emerging form France suggests that the Vauxhall-Opel would be merging into a new joint venture company with Peugeot-Citroen. GM will own about 30 percent stake in the joint venture and will be injecting about 6.2 billion pound (about Rs.52402.4 crore) for the future development.
Sunday, October 14, 2012
GM may tie up with Peugeot-Citroen
The report emerging form France suggests that the Vauxhall-Opel would be merging into a new joint venture company with Peugeot-Citroen. GM will own about 30 percent stake in the joint venture and will be injecting about 6.2 billion pound (about Rs.52402.4 crore) for the future development.
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