GM’s European Exit Could Spawn New Rival at Home – Wall Street Journal (subscription)

Posted: Thursday, February 23, 2017

As General Motors moves to unload its loss-making European arm, one risk it might not be bargaining for is more competition on its home turf.

Carlos Tavares, boss of potential acquirer PSA, hinted Thursday that exports formed a key plank of its turnaround plan for Opel, the Germany-based car manufacturer that GM has owned since 1929.

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