PSA seeks Opel refund from GM over CO2 emissions – sources
Peugeot maker PSA Group, which paid General Motors 1.3 billion euros for German subsidiary Opel, now wants about half of the money back after discovering that Opel is set to miss EU CO2 emissions targets by a wide margin, sources told Reuters. The French carmaker intends to pursue a legal claim on the grounds that it was misled about Opel’s emissions strategy, two people familiar with the matter told Laurence Frost and Gilles Guillaume.
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Find background in the CLEW dossier The Energiewende and German carmakers.