GM buys part of Peugeot/Citron

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Mar 12, 2012 | 07:18 AM

#11

Blue_SS

Senior Member

Joined: 06-07-2011

Posts: 2,180

From: SE Mich

Quote:

Originally Posted by ThatChevy

Honestly I wouldn't mind if they brought the Peugeot 508 to the states, but that's just my opinion. Who knows though this could be a good thing for GM. From the looks of it both automakers have something to benefit from something like this. After all we've seen similar stuff with Fiat and Chrysler and Renault and Nissan.

And, I'm not so sure the Fiatsler arrangement will work out long-term, either. With the massive over-capacity issues in Europe, they need to do what was done in NA, and shrink down to the right size to be profitable. Nobody wants to do that in Europe. Peugeot might have had their hand forced without this deal. Now it won't, at least for a while longer. These companies dreaming about filling up their under-used plants need a more immediate focus...

GM isn't going to fix Opel for at least 2 more years. This will likely make it harder, not easier to do so. I am not a fan. Ca sent mauvais fromage pour moi...