General Motors 'wants out of Europe', takes £1.9 billion PSA life raft

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Ed Bowsher

General Motors 'wants out of Europe', takes £1.9 billion PSA life raft

Ed Bowsher
Original Broadcast:

Share Radio Afternoon

General Motors 'wants out of Europe', takes £1.9 billion PSA life raft
The Vauxhall and Opel brands will be sold off by General Motors for £1.9 billion to French car giant PSA - the company behind Peugeot and Citroen. What does the deal mean? And why will a hard Brexit be 'very damaging' for UK car industry? Share Radio's Ed Bowsher spoke with David Bailey, Professor of Industry at Aston Business School.
Guest:

David Bailey


Published:

Topics: UK, Eurozone (in Economics); UK, Europe (in Politics)

Strand: Investment Perspectives


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