PSA Group to buy Vauxhall in £1.9bn deal for GM's European operations

Updated

French car giant PSA Group is to buy the European operations of General Motors, including Vauxhall in the UK, for £1.9 billion.

The announcement ends weeks of speculation about the deal and its impact on thousands of jobs at Vauxhall plants in Ellesmere Port and Luton.

Unite called for assurances over the long-term future of the UK factories.

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