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PSA chief assures Merkel, German unions over GM deal

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Mr Tavares told Mrs Merkel that Opel will benefit from considerable independence within the group

Frankfurt

PSA Group told German Chancellor Angela Merkel and top labour representatives that it would uphold Opel and Vauxhall job guarantees if it buys the European arm of General Motors (GM), though some analysts say that thousands of job losses are likely eventually.

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