Published On: Tue, Mar 7th, 2017

Peugeot automobile company new jump

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The European branch of General Motors has agreed to buy the French company PSA sold one hundred ninety million dollars.

France’s Peugeot and Citroen car manufacturing companies owned by the company holds the PSA.

Britain’s Vauxhall and Germany’s Opel Motor Company, General Motors Company owned European branch.

GM’s European branch is being expressed fears that the company will have to Vauxhall job cuts due to the transaction and not a profit since 1999.

Four thousand five hundred factories serve the company Vauxhall and the UK elsmiyar lūṭan areas.

PSA with the company will become the second largest automobile manufacturing company in Europe to sign the agreement.

The PSA is the second largest ExxonMobil agency fōksvægan automotive.

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Peugeot automobile company new jump