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Barra: No timetable for Opel deal

Mar. 01, 2017 3:31 AM ETGeneral Motors Company (GM) StockGM, PEUGF, PUGOY, PUGOF, PUOGFBy: Yoel Minkoff, SA News Editor
  • At the Economic Club of Washington, General Motors (NYSE:GM) CEO Mary Barra said the automaker was exploring opportunities with PSA Group (OTCPK:PEUGF), but didn't talk about a sale of Opel, which has lost money for 16 straight years.
  • Some reports in Europe have suggested GM could have a deal with PSA as early as next week, but Barra declined to discuss a timetable.

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