Report: GM's troubled Opel, PSA Peugeot Citroen weigh merger

US-based GM and the management of PSA were discussing a tie-up, with a decision possible by the end of the year, according to an unattributed report on latribune.fr.
A PSA spokesman declined to comment Friday.
The chief of Opel's labour council said he had no knowledge of any talks but told the Allgemeinen Zeitung Mainz that such a merger "makes no sense."
Opel's production is centred in Germany.
GM and PSA formed an alliance in February in a bid to reduce costs by sharing purchasing and building shared vehicle platforms.
The Opel, Peugeot and Citroen brands are all heavily dependent on the European market and have suffered sharp sales declines during the eurozone crisis.//DPA