Opel will reduce the number models it sells to concentrate on high-margin segments and will also develop electric expertise for PSA Group, Frankfurter Allgemeine Zeitung reported.
Country ranch Úžice (near Prague) hosted national premiere of the new Opel Grandland X on October 31, 2017. The car was introduced by Opel country manager Pavel Šilha. He was assisted by PR manager Martin Hejral and product manager Tomáš Zahel.
PSA Group completed its takeover of the Opel and Vauxhall brands from General Motors on Tuesday, installing new managers and helping PSA to become Europe’s second-largest carmaker by vehicle sales.
PSA Group secured unconditional EU antitrust approval on Wednesday to acquire General Motors’ German unit, Opel, a move that will make it Europe’s second-largest automaker after Volkswagen Group.
General Motors’ European division Opel is losing its CEO, Karl-Thomas Neumann, just as it prepares to be acquired by PSA Group, a move that could see Neumann rejoin Volkswagen Group to run its Audi division.
Volkswagen Group is looking at rehiring Opel CEO Karl-Thomas Neumann, possibly to lead its Audi brand, a source familiar with the matter told Reuters, following a report that Neumann will quit Opel.
Opel will use PSA Group’s technology in the next generation of its Corsa subcompact car, a company spokesman said, confirming a newspaper report. The current Corsa is built with technology from General Motors, which has agreed to sell Opel and UK sister brand Vauxhall to PSA.
Automakers offers fresh news delivered to your E-mail inbox three times a week, and from January 2006 daily newsletters. All news and Web content is available in both Czech and English languages. The content of the newsletters is details about new products and pricing, info about retail sales tactics and developments and comprehensive coverage from the world of suppliers and manufacturers.More info