At the start of August 2017, the PSA Group announced that it had closed its acquisition of the Opel and Vauxhall brands from General Motors for a deal totalling US$2.6bn. Reports focused primarily on the appointment of new executives such as Remi Girardon and Philippe de Rovira, as well as the goal of turning the Opel and Vauxhall brands into a “profitable and self-funded business.”
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