PSA seeks Opel refund from GM over CO2 emissions — autoblog.com

PARIS - Peugeot maker PSA Group, which paid General Motors 1.3 billion euros for Opel, now wants about half of the money back after discovering the full extent of its CO2 emissions challenges and exposure to European fines, sources told Reuters. PSA, which completed the acquisition in late July, said earlier this month it will need to move Opel models onto its own more fuel-efficient technology faster than planned, in order to cut carbon dioxide emissions before new EU limits are phased in from 2020-21, backed by hefty penalties.

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