Opel-Vauxhall to scrap dealerships as Peugeot cuts costs

LONDON, April 16 (Reuters) - Opel and its sister car brand Vauxhall will cut their number of dealerships as new owner Peugeot continues to reduce costs at the firm it acquired last year in the face of sliding sales in major market Britain. Peugeot parent company PSA bought Opel and Vauxhall last year when it acquired General Motors’ loss-making European arm and has been pursuing a restructuring plan to return it to profitability. Vauxhall's new boss ...


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