By on April 2, 2012

It must be the grand plan to make Iran walk or ride mules, because the alliance between GM and PSA is not about reducing over-capacity. This is what PSA told just-auto today. Confessed a PSA spokeswoman:

“We do have some over-capacity in Europe – around 20% over-capacity. The alliance is not here to tackle this problem – each company will tackle this problem – GM and Opel/Vauxhall will deal with the problem on its side. Regarding plants, we say the life of a plant is linked to the life of products we make.”

That makes us sleep better, because we had been racking our brains to see how joining one company that is bursting with over-capacity to another company that is bursting with over-capacity will reduce over-capacity. Now we know: It won’t.

 

Get the latest TTAC e-Newsletter!

Recommended

16 Comments on “PSA-GM Tie Up Won’t Solve Bulging Over-Capacity, PSA Admits...”


Read all comments

Recent Comments

  • Lou_BC: @Carlson Fan – My ’68 has 2.75:1 rear end. It buries the speedo needle. It came stock with the...
  • theflyersfan: Inside the Chicago Loop and up Lakeshore Drive rivals any great city in the world. The beauty of the...
  • A Scientist: When I was a teenager in the mid 90’s you could have one of these rolling s-boxes for a case of...
  • Mike Beranek: You should expand your knowledge base, clearly it’s insufficient. The race isn’t in...
  • Mike Beranek: ^^THIS^^ Chicago is FOX’s whipping boy because it makes Illinois a progressive bastion in the...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Jo Borras
  • Mark Baruth
  • Ronnie Schreiber