Chris Bryant, Columnist

Peugeot Pimps Its Ride

Clever accounting may not be enough to make Opel purchase work.
Lock
This article is for subscribers only.

Peugeot CEO Carlos Tavares believes he can succeed where armies of General Motors Co. executives have failed.

On Monday, PSA Group announced the 1.3 billion-euro ($1.4 billion) purchase GM’s European auto-making operation, which has lost money for almost two decades.