|
Surely it is better for the PSA group to make Vauxhall/Opel profitable and a viable business, than for this once great name to dissappear?.
Go back a few years and the PSA group themselves were on the ropes and struggling with massive inefficiency. That has now been turned around, and they are making profits again. So the management seem to know how to turn things around.
|
|
I think PSA's platforms and engines are a notch above Opel's in most respects. Certainly tend to be more reliable and certainly no worse than the European average.
Unless they do something Vauxhall/Opel is dead so let's see whay they come up with.
|
|
As I said a few weeks ago, PSA didn't breathe life into Rootes/Talbot for long when they became owners of the Ryton site. Kept it going for the production life of the 206, then that was all.
|
As I said a few weeks ago, PSA didn't breathe life into Rootes/Talbot for long when they became owners of the Ryton site. Kept it going for the production life of the 206, then that was all.
Don't think that can be used as to guidance as to how thye will deal with Vauxhall/Opel now though as all that is a long time ago now.
|
|
|
|
I share your pessimism, once s*** hits the fan, they always look after their home market. I'd much prefer our once great brands were taken over by HM Govt. than be subject to a foreign takeover, especially when the buyer is itself owned by a foreign governement. Puts us to shame.
I'd love to have seen Humber soldier on, wonder what a Super Snipe would have evolved into today..
|
|
|
As I said a few weeks ago, PSA didn't breathe life into Rootes/Talbot for long when they became owners of the Ryton site. Kept it going for the production life of the 206, then that was all.
PSA took over Chrysler Europe in 1978. Ryton lasted another 28 years.
|
|
|
As I said a few weeks ago, PSA didn't breathe life into Rootes/Talbot for long when they became owners of the Ryton site. Kept it going for the production life of the 206, then that was all.
The 206 came in 1978?!
|
|
|
|
I think PSA's platforms and engines are a notch above Opel's in most respects.
Not exactly difficult, in my opinion.
|
|
I'd agree on diesels as i'd take a PSA over a fiat design, but petrols i'd opt for GM anytime, especially when paired to a gm autobox.
|
|
|
|
|
|
The Chinese DONG FENG, have invested huge sums in PSA ( 800million EUR) and now own about 14% of the company. The French government also invested 800million Euros in PSA, and now also hold about 14%. PSA would have gone under without additonal support.
The balance being held by Peugeot family, I think, with private investors.
Strange how the French Gov can invest huge sums of public money to help rescue their companies but we cant?
|
|
Agree on the comments above ref. Ryton. PSA went beyond any duty there. They ran it for 25+ yerars and it was always a very compromised factory, hemmed in and not the right shape or size and lacking stuff onsite so eveything came in from miles away.
They made the "legacy" Rootes/Chrysler stuff there and sold as Talbots, then the 309, then the 405 and finally the 206. They stuck at it for years when no one else had made a go of it.
|
|
|
The Chinese DONG FENG, have invested huge sums in PSA ( 800million EUR) and now own about 14% of the company. The French government also invested 800million Euros in PSA, and now also hold about 14%. PSA would have gone under without additonal support.
The balance being held by Peugeot family, I think, with private investors.
Strange how the French Gov can invest huge sums of public money to help rescue their companies but we cant?
We invested £billions in Rover and got Derek Robinson.
|
We invested £billions in Rover and got Derek Robinson.
Red Robbo and his ilk were a symptom not a disease.
|
|
|
|
|
|
