PSA-Opel merger job loss fears French car maker PSA Groupe, owners of Peugeot and Citroën, is in advanced talks to buy General Motors’ lossmaking European Opel-Vauxhall subsidiary — leading to fears of widespread job losses ——————— PSA/OPEL EUROPEAN CAR PLANTS (employee numbers) Poissy 4,700 Rennes 4,000 Mangualde 730 Vigo 6,000 SPAIN Villaverde 1,842 UK Ellesmere Port 1,630 Luton 1,140 Sochaux 9,964 FRANCE Zaragoza 5,200 GERMANY Eisenach 1,420 Rüsselsheim 24,050 Mulhouse 7,500 POLAND Gliwice 2,920 Trnava 3,500 ————— Job cuts likely to fall on Opel-Vauxhall plants in Germany, Spain and UK, leaving PSA’s 65,000 French car workers relatively unscathed ————— CORPORATE STRUCTURES PSA GROUPE Peugeot Citroën DS OPEL GROUP Opel Europe Vauxhall UK Company filings to end of 2014 (latest available), show Vauxhall pension scheme has deficit of $1bn – major issue for takeover Chevrolet Europe Cadillac Europe Source: PSA Groupe, Opel Group, Financial Times, wire agencies © GRAPHIC NEWS