PSA chief to meet May about takeover of Opel, Vauxhall

London

THE chief executive of Peugeot manufacturer PSA Group will meet British Prime Minister Theresa May to discuss his firm's planned acquisition of General Motors' (GM's) Opel and Vauxhall operations, a government spokesman said on Saturday.

Both Britain and Germany fear PSA will cut jobs if the takeover goes ahead, and British politicians are particularly concerned that the country's looming departure from the European Union does not damage its resurgent auto industry.