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A potential deal shows that size is important but not everything
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Driven together
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PSA and Opel
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Gene editing, clones and the science of making babies
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Driven together
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AFTER sweeping past a significant milestone, drivers rarely slam their vehicles into reverse. Yet General Motors (GM), which last year joined Toyota and Volkswagen in an elite group that sells over 10m vehicles a year, may be on the brink of such a manoeuvre. On February 14th the American firm and PSA Group, which makes Peugeots and Citroëns, sprang a surprise by confirming that they were in talks that could lead to the French carmaker buying GM’s European operation. GM’s decision to downsize has many merits, but the advantages of getting bigger are …
Source: http://www.economist.com