Psa buys vauxhall & opel for 1.9 million pound
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Thread: Psa buys vauxhall & opel for 1.9 million pound

  1. #1
    Fellow Frogger! Greg's Avatar
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    Default Psa buys vauxhall & opel for 1.9 billion pound

    Hi Guys,

    Advertisement


    GM's Opel and Vauxhall brands have been sold to PSA Peugeot Citroen in a £1.9 billion deal. Here's everything you need to know.

    PSA Vauxhall/Opel takeover: the General Motors deal and what it means | Auto Express

    Best regards,

    Greg
    Last edited by Greg; 9th March 2017 at 11:21 AM.
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    £1.9 billion sitting around, wonder if we pay to much for a new car. um?? That kind of cash in the bank is thanks to the mighty BX saving the day .. no wait the mighty XM sucked all that dry. My god that means the sewing machine Xsara cashed them up again couldn't have been any of them Pug things.
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    1000+ Posts robmac's Avatar
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    Quote Originally Posted by flipperman View Post
    £1.9 billion sitting around, wonder if we pay to much for a new car. um?? That kind of cash in the bank is thanks to the mighty BX saving the day .. no wait the mighty XM sucked all that dry. My god that means the sewing machine Xsara cashed them up again couldn't have been any of them Pug things.
    I'd suspect the purchase is all about removing opposition and "clearing" the market to allow PSA further penetration.

    I can't see Opel has any special engineering capabilities or technology PSA doesn't already have.
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  4. #4
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    I.9 mil pounds. Wonder why so cheap. Rough convert $3.5mil, damn we can't even buy a half decent shack for that.

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    BMW bought Rover group for £1, that was over 20 years ago now - so maybe $6 in today's money :-)


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    Default Rubbish cars !!

    Quote Originally Posted by robmac View Post
    I'd suspect the purchase is all about removing opposition and "clearing" the market to allow PSA further penetration.
    I can't see Opel has any special engineering capabilities or technology PSA doesn't already have.
    Hi
    I previously worked at the Uni here in my last working years If you want to know what are the cheap and nasty cars, then look at what the trade sold off to unsuspecting punters. So you could look at what the overseas students got. Then they come and asked about the problems as they came ?? Vauxhalls and Opels would be high on that list IMHO. In previous years they certainly made some shit and good old Holden kept flogging them under ever new names to disguise the last identity.
    They might pickup some good traits from the "unreliable French cars" if they are lucky!!
    Jaahn

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    £1.9 miliion or billion?

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    Our 17 year old Astra has been a great car. Still has original untouched, engine, auto, suspension, exhaust, starter motor, alternator etc. Far more reliable than the 505 it replaced.
    In fact all of my FWD cars (405,205) have been much more reliable then the RWD Peugeots

    .
    Quote Originally Posted by jaahn View Post
    Hi
    I previously worked at the Uni here in my last working years If you want to know what are the cheap and nasty cars, then look at what the trade sold off to unsuspecting punters. So you could look at what the overseas students got. Then they come and asked about the problems as they came ?? Vauxhalls and Opels would be high on that list IMHO. In previous years they certainly made some shit and good old Holden kept flogging them under ever new names to disguise the last identity.
    They might pickup some good traits from the "unreliable French cars" if they are lucky!!
    Jaahn

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    Quote Originally Posted by GRAHAM WALLIS View Post
    Our 17 year old Astra has been a great car. Still has original untouched, engine, auto, suspension, exhaust, starter motor, alternator etc. Far more reliable than the 505 it replaced.
    In fact all of my FWD cars (405,205) have been much more reliable then the RWD Peugeots

    .
    I'll second that, our 12 year old Astra (4th Gen or 'TS' in GMspeak) was bought to replace our (16yr) Pug 206. Done from 125K kM to 165K now & only unscheduled repair has been front suspension bushes. Best of all (so far) it's free of the constant electrical niggles that plagued the Pug, along with the passenger footwell filling with water every time it rained hard.


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  10. #10
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    Quote Originally Posted by jaahn View Post
    In previous years they certainly made some shit and good old Holden kept flogging them under ever new names to disguise the last identity.
    Such as? The only re-named Opel I can come up with is the Corsa, which was rebadged as a Barina for quite some time (after the Suzuki Swift era), till it succumbed to Daewoo heritage. Of course the Camira was a "world car" like the Vauxhall Cavalier. It was even a Pontiac Sunbird.

    The original Commodore (or is that the Vauxhall Viceroy?), the Astra (when not a Nissan Pulsar), the Calibre and Vectra were pure-enough Opels and not renamed. They've even started selling the Insignia from 2015, although I'm not sure if it's still for sale. I've certainly never seen one on the road.

    I hope you're not thinking of the Viva, which is a GM name, but has very Korean parentage. About as awful as the Epica and Cruze.
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    An announcement in todays "West Australian" states that Holden plans to source the new model Commodore from Europe which will be a rebadged Opal Insignia. It is GMH's option to call these imported vehicles what they like and to me they can call it an Opal - Vauxhall - Daewoo or Chevrolet for that matter but please don't call it a "Holden". General Motors bought the Holden Body Works to build their cars in Australia and I find it an insult to put this name on imported items which is now not even a General Motors product.

    Have had GMH in the past but no more.
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    Holden have in the past built bodies for vintage rear wheel drive Citroens. I went to see an old C6G and was surprised to see the Holden name plate on the body work! So maybe the wheel has come full circle?
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    Quote Originally Posted by shanadoo View Post
    I.9 mil pounds. Wonder why so cheap. Rough convert $3.5mil, damn we can't even buy a half decent shack for that.
    Try again: "GM's Opel and Vauxhall brands have been sold to PSA Peugeot Citroen in a £1.9 billion deal."

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  14. #14
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    Quote Originally Posted by SLC206 View Post
    Such as? The only re-named Opel I can come up with is the Corsa, which was rebadged as a Barina for quite some time (after the Suzuki Swift era), till it succumbed to Daewoo heritage. Of course the Camira was a "world car" like the Vauxhall Cavalier. It was even a Pontiac Sunbird.

    The original Commodore (or is that the Vauxhall Viceroy?), the Astra (when not a Nissan Pulsar), the Calibre and Vectra were pure-enough Opels and not renamed. They've even started selling the Insignia from 2015, although I'm not sure if it's still for sale. I've certainly never seen one on the road.

    I hope you're not thinking of the Viva, which is a GM name, but has very Korean parentage. About as awful as the Epica and Cruze.
    https://en.wikipedia.org/wiki/Vauxhall_Viva
    It's another lovely day! Again!

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    Too many posts! JohnW's Avatar
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    Quote Originally Posted by baldrick56 View Post
    BMW bought Rover group for £1, that was over 20 years ago now - so maybe $6 in today's money :-)


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    That went well. They lost at least a billion, and the chairman of BMW lost his job, if I recall correctly. It took TATA to make it profitable!!
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  16. #16
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    Perhaps this can merged with the main thread for this in Froggy Chat?
    You Citroen guys, always lagging behind

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    Quote Originally Posted by gerrypro View Post
    Holden have in the past built bodies for vintage rear wheel drive Citroens. I went to see an old C6G and was surprised to see the Holden name plate on the body work! So maybe the wheel has come full circle?
    And heaven knows what else. Holden was an amazingly diverse body-builder for imported chassis cars.

    It is delicious for PSA now to own the source of the next ludicrously named "Australia's own", which started anyway as a superannuated pre-war Chevrolet that wasn't built in USA and moved on through pretty ordinary, but OK in their way, evolutions to the German-based Commode. I reckon it was a good idea in its way, although why the Oz-taxpayer subsidised GM does make me baulk a bit.

    The ownership of Opel won't make any different for years, but we can enjoy it in the meantime. We can go and put Aussiefrogs stickers on Holden Commodes, for example.... We could start a new thread area, quarantined from real French cars, for Holdens...
    JohnW

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    Very sad case......

  18. #18
    1000+ Posts gerry freed's Avatar
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    I posted this story on Monday as the PSA meeting closed and the press rushed to the phones. Have a look at Froggie Chat
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    Interesting...my reckoning the other day was that imop $3 Billion would be about it's real worth...Provisos...no past to carry over....Plus no exclusion to other markets.

    As stated here accurately G.M. gave us the 'Australia's Own' an imported U.S. designed Chevvy'.

    As have stated more than once hear 'How come Australia's best Labor P.M. [in some peoples estimation] did not accept 50% share offered by G.M. Acceptance of that would have given reasonable credence to their claim.

    Did I read somewhere that Peugeot have been building 308 platforms for G.M.

    I really hope it works out for all involved.

  20. #20
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    If Citroen has the Cactus, maybe Holden can sell the Rollerdoor replacement as the Prickly Pear
    shanadoo and baldrick56 like this.
    CitroŽn's that own me

    - 2008 C5 X7 Tourer (Estate) 2.7 DoubleTurbo Diesel UHZJ -V6.
    - 1990 BX TRI Estate Manual. .. . "Phoenix"

    CitroŽn's that formally owned me

    - 1990 BX TRI Estate Auto. (Traded In)
    - 1987 BX TRI Hatch.

    -------------------------------------------------------------
    Australian Citroen BX - All about the Citroen BX in Oz
    -------------------------------------------------------------

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    Quote Originally Posted by Kim Luck View Post
    afaik it was only from about 1980's onward that Vauxhalls & Opels were 'the same' thus the (mark 1, 2, 3) Viva was not the same as the Opel Kadett (made latterly famous by Richard Hammond repatriating one from Africa). Ditto Victor & Cresta were different cars from the Ascona & Rekord. Only with the FWD 'Cavalier' did they achieve commonality.


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    Quote Originally Posted by JohnW View Post
    And heaven knows what else. Holden was an amazingly diverse body-builder for imported chassis cars.


    The ownership of Opel won't make any different for years, but we can enjoy it in the meantime. We can go and put Aussiefrogs stickers on Holden Commodes, for example.... We could start a new thread area, quarantined from real French cars, for Holdens...
    Really?????? Go and wash your mouth out! You naughty boy!
    Cheers Gerry

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