GM in talks to sell Opel/Vauxhall

[Smitty]

So the deal has been done and the official announcement will be on Monday, bye bye Opel and Vauxhall, sad to see you go, now us Holden fans can only look forward to Daewoo garbage for our right hand drives.
I suspect the NG Commodore (Insignia) will still land here early next year as a platform sharing arrangement PSA will have in place with GM, to be replaced at the earliest possibility by GM so as to save some money.
Interesting times.

yep... announced on Fortune200 earlier this morning

Goodbye Commodore replacement (and possibly Holden)

[Ausmartin1]

This may be posted already but I cant see it here.

As of last Tuesday news broke that GM are in discussions with PSA (Peugeot, Citroen, etc) to sell its GM Europe operations Opel and Vauxhall.
Very interesting times and what it may mean for the NG Commodore due early next year as well as the proposed 30% euro mix in the Holden range that was previously reported from Holden.
Barra few to Europe to quell unrest and assure the UK and Germany all will be good for them etc.
Pitty GM refused to sell Holden when the offers were made, to be closed instead.
Adrian

So the deal has been done and the official announcement will be on Monday, bye bye Opel and Vauxhall, sad to see you go, now us Holden fans can only look forward to Daewoo garbage for our right hand drives.
I suspect the NG Commodore (Insignia) will still land here early next year as a platform sharing arrangement PSA will have in place with GM, to be replaced at the earliest possibility by GM so as to save some money.
Interesting times.

Yes so true, the only decent cars in the stable were Opel -but being made in Europe are overpriced for our market. Sadly even American will be too.
I think GM have have handed the Australian sales to the Asian manufacturers. Problem is that others can play this game better. Interesting times would not want to be a dealer holding a Holden franchise in a shrinking brand. Caused by an ever revolving unstable product range.

[VYR8HSV]

As the title says.
GM has sold off Opel & Vauxhall to PSA, parent company of Peugeot and Citroen.

Thoughts on what, if any changes to the current Opel line up of cars. Specially the ones now imported here under the Holden name??

Story from Wheels here : https://www.wheelsmag.com.au/news/17...odore-in-doubt

[white lie]

Original thread here bud....

http://www.ls1.com.au/forum/showthread.php?t=170513

[whitels1ss]

Original thread here bud....

http://www.ls1.com.au/forum/showthread.php?t=170513

Thanks white lie, I merged threads

[Jag530G]

With the sale of Vauxhall and GM's piss poor presence in Japan, Australia will now be GM's biggest right hand drive market. (maybe GM sells more in India but it won't be with cars Australians are likely to buy) Considering how small we are its hard to imagine GM developing any interesting RHD cars. I think we have just kissed good-bye to the chance of a RHD Camaro down the track. Ford can justify a RHD Mustang because they can sell them in the UK. Maybe we will still get a RHD Corvette since it isn't a monocoque, so easier to convert but without the UK volume even that looks iffy really.

A lot of things GM & Holden promised in the last couple of years regarding Holden's post Elizabeth future have gone out the window with the sale of Opel/Vauxhall. PSA needs to recoup money from buying Opel so they will be switching models over to new platforms/scrapping models quick smart.

Here's a conspiracy theory for you. GM have spent a lot of money in Australia trying to get the Corvette logo trademarked but have run into a brick wall because the Chevolet bow-tie encapsulated with in the Corvette logo is considered by the Government to resemble the Red Cross, a proscribed symbol/name (like ANZAC, Bradman etc). I think GM's ultimate intention is to get the Chevrolet name/badge trademarked so that they can eventually bin Holden or sell the name off to PSA or someone else and start up Chevrolet soon after.

http://www.4wheelsnews.com/auto/gm-c...nce-36658.html

Cheers, Matthew

[mac06]

It will be interesting to see how long GM continue to use PSA for their Holden product. The GM media release as below indicate a continuation, but for how long??....

http://media.gm.com/media/us/en/gm/h...l?sf60381924=1

Some quotes-

GM will also participate in the future success of the combined entity through its ownership of warrants to purchase shares of PSA. GM and PSA also expect to collaborate in the further deployment of electrification technologies and existing supply agreements for Holden and certain Buick models will continue

Opel/Vauxhall will also continue to benefit from intellectual property licenses from GM until its vehicles progressively convert to PSA platforms over the coming years.