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GM demands non-compete clauses in return for Opel patents - Spiegel

FRANKFURT, Feb 24- General Motors has told PSA Group it would only sell licenses for the manufacture of Opel cars to the French company if it agreed not to sell them in North America, Russia or China, German magazine Der Spiegel reported. Without saying where it got the information, the magazine said under such an agreement Opel would only be allowed to sell new...

Source: Reuters

Opel works council to seek contact with PSA labor bosses

FRANKFURT, Feb 24- Opel's European works council said it had agreed to open a line of communication with its counterpart at PSA Group as the French carmaker holds talks over a tie-up with the company. PSA, the Paris- based maker of Peugeot and Citroen cars, and General Motors confirmed on Feb. 14 they were in talks over a PSA-Opel tie-up to create Europe's...

Source: Reuters

Opel works council to seek contact with PSA labour bosses

FRANKFURT, Feb 24- Opel's European works council said it had agreed to open a line of communication with its counterpart at PSA Group as the French carmaker holds talks over a tie-up with the company. PSA, the Paris- based maker of Peugeot and Citroen cars, and General Motors confirmed on Feb. 14 they were in talks over a PSA-Opel tie-up to create Europe's...

Source: Reuters

RPT-How Spain could deliver swift savings in Peugeot-Opel deal

VILLAVERDE, Spain, Feb 23- As the only European country where carmaker PSA's production overlaps with that of Opel, Spain could deliver the quick cost savings sought by PSA boss Carlos Tavares to convince investors to back his planned acquisition of the rival brand. Between them, PSA- maker of Peugeots and Citroens- and General Motors' Opel operate three Spanish...

Source: Reuters

How Spain could deliver swift savings in Peugeot-Opel deal

VILLAVERDE, Spain, Feb 23- As the only European country where carmaker PSA's production overlaps with that of Opel, Spain could deliver the quick cost savings sought by PSA boss Carlos Tavares to convince investors to back his planned acquisition of the rival brand. Between them, PSA- maker of Peugeots and Citroens- and General Motors' Opel operate three Spanish...

Source: Reuters

ANALYSIS-Peugeot-Opel deal promises Big Bang in small cars - sources

*PSA wants to use own architecture for Opel models. PARIS, Feb 23- French carmaker PSA Group is planning an engineering blitz to redevelop Opel's core models with its own technology if it succeeds in buying General Motors' European arm, company sources and advisers told Reuters. The Peugeot maker, which is in talks with GM on an Opel deal, wants to build the next Corsa...

Source: Reuters

Germany, France want long-term prospects for workers in PSA/Opel merger

BERLIN, Feb 23- France and Germany on Thursday called on the management of General Motors and PSA Group to give a "long-term perspective" for all production sites in the proposed acquisition of Opel from the U.S. carmaker. They also said that both Opel and Peugeot should keep their own brand names and separate management entities. Paris- based PSA and GM confirmed...

Source: Reuters

UK minister to meet Peugeot CEO on Friday over takeover of GM's Vauxhall

LONDON, Feb 23- Britain's business minister Greg Clark will meet the chief executive of Peugeot on Friday as the French carmaker explores the takeover of General Motors' European division, known as Vauxhall in Britain and Opel on the continent. Carlos Tavares is due to meet the head of Britain's biggest union Unite on Friday morning in London and has already...

Source: Reuters

INFLUENCE GAME: GM bill is self-driving and self-interested

WASHINGTON— With states seizing the initiative on shaping the future of self-driving cars, General Motors is trying to persuade lawmakers across the country to approve rules that would benefit the automaker while potentially keeping its competitors off the road. GM began by getting a bill passed last year on its home turf, in Michigan. This year, bills similar...

Source: The Associated Press

France's PSA wants to be 'European car champion' with Opel

PARIS— The chairman of French carmaker PSA Group wants to create a "European car champion" with the potential purchase of General Motors' European car business, and pledged to work with governments and unions worried over job cuts. Speaking in Paris Thursday, Tavares said PSA's ambition to buy GM's loss-making German subsidiary Opel and its British brand...

Source: The Associated Press