The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

Germany satisfied with PSA commitments on Opel: German government spokesman

Published Wed, Feb 22, 2017 · 02:13 PM
Share this article.

[BERLIN] German Chancellor Angela Merkel is satisfied that PSA Group is addressing Berlin's demands on jobs, investment and plants in talks about buying General Motors' Opel unit, a government spokesman said on Wednesday.

A telephone call between Ms Merkel and PSA Chief Executive Carlos Tavares on Tuesday was "encouraging", spokesman Steffen Seibert told reporters.

"We will accompany the talks (between the companies) positively," he said, adding Opel was a strong brand that must be preserved.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here