PSA merger with Opel blocked by french government | Fuzik - Keyless Entry, Push Start, Remote Start, Smart Start, Keyless Go, GPS Tracker, Rear-end Collision Avoidance, GPRS/GSM Management, Car Secretary, Window Closer

Fuzik – Keyless Entry, Push Start, Remote Start, Smart Start, Keyless Go, GPS Tracker, Rear-end Collision Avoidance, GPRS/GSM Management, Car Secretary, Window Closer

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French government may be a hinder, PSA merger with Opel blocked

According to the latest news, the deterioration in the financial condition of PSA Peugeot Citroen, General Motors difficult optimistic about its prospects, and cast doubt on the assistance of the French government, and thus the latter’s Opel Stop expand further deepen the cooperation negotiations with the former.

 

 

General motors and Peugeot Citroen form alliances on February 29, both parties are cooperation in production procurement and development, and already in operation to form partnerships at present, not long ago, they also plan to merge European business opel car with Peugeot Citroen car business completely. General motors and Peugeot Citroen originally planned to deepen cooperation, but it need to further cut capacity and increase strength layoffs to both sides.

 

 

Renault car’s 15% stake is hold for countries, and the different is that Peugeot Citroen has non-governmental shareholders. But with the deterioration of the financial situation of Peugeot Citroen, political influence began to permeate. The French government requirements to achieve  the board of directors of the seats as a condition to help peugeot-citroen to raise funds.

 

Fuzik products Can-Bus Push Start & Remote Start System  have already successfully been adopted with manyPSA cars, including 307, 308, 408, 508, C5, CQUATRE, etc.



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