Autos bosses focus on technology, play down PSA-Opel impact


GENEVA: The auto industry is facing seismic changes with the rise of electric vehicles, automated driving and car sharing, and adapting to these will eclipse even big mergers such as PSA's purchase of Opel, executives at the Geneva auto show said. 

Peugeot maker PSA Group on March 6 agreed to buy loss-making Opel from General Motors, creating Europe's second-biggest carmaker behind Volkswagen and sparking speculation of more consolidation. 

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