All data is delayed
See More

GM CEO says Opel not for sale

Jan 14 2013 16:25
London - General Motors CEO reiterated its Opel unit was not for sale, following a French media report that PSA Peugeot Citroen could take over the troubled European arm of the US automaker.

"Opel is not for sale," CEO Dan Akerson told reporters at the Detroit auto show. "It's not to be given away either."

Peugeot could take over Opel with backing from GM and the French state under an option currently being looked at, newspaper La Tribune reported earlier on Monday.

GM would be prepared to contribute several billion euros to facilitate the transaction and make it attractive to Peugeot, La Tribune said, citing unnamed sources close to the matter.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

general motors  |  cars



Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Do you use all your downloaded apps on your smartphone?

Previous results · Suggest a vote