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Opel bets on electric power in bid for profitability

Lohscheller said Opel's PACE plan will "unleash automaker's full potential." He is pictured at a news conference in Ruesselsheim on Thursday. (REUTERS)
Sa
By:
Staff and wire reports
November 09, 2017 05:00 AM

FRANKFURT -- Opel CEO Michael Lohscheller announced the German automaker's first business plan under new owners PSA Group, promising to launch electrified cars including a full-electric Corsa and move to PSA platforms faster than planned.

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