Wednesday, March 08, 2017

the top 10 largest international car corporations in 2016, but PSA just bought Opel, and switched up the list

Toyota Motor.
Volkswagen Group.
General Motors.
Renault-Nissan Alliance.
Hyundai Motor Group.
Ford Motor.
Honda Motor.
PSA Peugeot-Citroën

Peugeot was nearly bankrupt in 2014, and was bailed out by the French govt and the Dongfeng car maker, each of them are 14% owners, along with the Peugeot family

but just this week PSA bought Opel and Vauxall from GM, as it's been losing money in Europe since 1999

Now VW is the biggest in Europe and PSA is 2nd

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