GM weighs selling Opel to France's PSA
Sale will free it from persistent losses in Europe; potential deal will create Europe's second largest carmaker
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Frankfurt
GENERAL Motors floated the possibility on Tuesday that it could exit the large but troubled European market by selling its chronically unprofitable Opel unit to the French maker of Peugeot and Citroen cars.
The potential deal would create Europe's second largest carmaker, challenging the market leader Volkswagen, which is vulnerable because of an emissions scandal.
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