PSA Peugeot Citroen (OTCPK:PUGOY) has been a European recovery play, but following the acquisition of Opel/Vauxhall its investment case has changed to restructuring and integration of the acquired business. Its valuation is attractive despite the good growth prospects from its recent SUV push, while the integration of the recent acquisition of Opel/Vauxhall is a very important factor in the next few years.
Company Description
PSA Groupe is a French carmaker, manufacturing and selling cars under five brands: Peugeot, Citroen, DS, Opel and Vauxhall. The company produces more than 3.6 million cars each year,