SMMT “hopeful” of PSA-Opel/Vauxhall supply chain opportunities

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Britain's automotive trade association, SMMT (Society of Motor Traders and Manufacturers) says it is "hopeful" yesterday's (6 March) confirmation by PSA Group it was to purchase General Motors' Opel/Vauxhall business for US$2.2bn will prove fruitful, with the French automaker hinting at supply chain opportunities in the event of a 'hard' Brexit.