PSA CEO Tavares eager to get started with Opel turnaround

It has been an eventful year for PSA CEO Carlos Tavares. After guiding the French automaker to an industry-leading automotive profit margin in 2016, Tavares agreed to buy Opel and Vauxhall, General Motors' money-losing European brands. The 2.2 billion-euro deal vaulted PSA into second place by volume among European automakers, behind Volkswagen Group.