Updated: PSA Group exploring takeover of GM’s European unit Opel

FRANKFURT, Germany — France’s PSA Group, maker of Peugeot and Citroen cars, says it’s exploring a possible takeover of Opel, General Motors’ money-losing European business. Cutting Opel loose could mean a solution to GM’s long-running drama over losses in Europe — but the Detroit-based automaker cautioned that a deal wasn’t a sure thing. PSA Group […]