Is Buying Opel a Good Deal for PSA Group?

Mar.06 -- Arndt Ellinghorst, head of global automotive research at Evercord ISI, discusses PSA's deal to buy GM's Opel unit for $2.3B, how much capacity has to come out of each company and the future of GM's presence in Europe. He speaks to Bloomberg's Matt Miller and Guy Johnson on "Bloomberg Markets: European Open."