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Vauxhall – Opel
For the first time since 1999 , Vauxhall-Opel returned to profit after it was acquired from General Motors ( GM ) by France ’ s PSA Group last year . The GBP £ 1.9bn ( US $ 2.4bn ) deal makes PSA Group the secondlargest car manufacturer in Europe . In the first quarter of the year , 249 , 756 new Vauxhall-Opel vehicles were registered in the continent . According to CNN , PSA Group said that Germany brand Opel and its UK sister brand Vauxhall generated an operating profit of EUR € 502 million ( US $ 587 million ) in the first half of the year . www . opel . com and www . vauxhall . co . uk
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europe . businesschief . com