Peugeot 'pledges to preserve Opel plants in Germany'

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Press reports in Germany said French carmaker PSA, which is to buy up General Motors' European arm producing Opel- and Vauxhall-badged vehicles, has told the German government that all four Opel factories in the country would continue to operate, while PSA's chief executive is to meet British Prime Minister Theresa May over the future of Vauxhaull's plants.

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The PSA Group has pledged to the German government to continue operating all four of Opel's German production sites as part of the French carmaker's planned takeover of General Motors' European arm, according to German Sunday paper Bild am Sonntag, reports Reuters.