Introduction
In September 2017 I wrote an article, covering last year's deal between US based General Motor (NYSE: GM) and France based PSA group (OTCPK:PEUGF, OTCPK:PUGOY, OTC:PUGOF). In the article I ended with a bold statement, provoking some GM shareholders: “Furthermore by acknowledging the potential synergies of merging GM Europe with PSA group, GM also indirectly acknowledges its own historical mismanagement. In my opinion it puts a finger on the inherent differences between the management of GM and PSA group. PSA management is building on its long term