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France''s Peugeot-Citroen group buys Germany''s Opel – Daily Trust
The French carmaker PSA, which produces Peugeot, Citroen and DS vehicles, announced Monday that it has agreed with General Motors (GM) of the United States to take over the German manufacturer Opel. The purchase price for GM’s European operation, which produces the brands Opel and Vauxhall, is 1.3 billion euros (1.06 billion dollars), PSA said …