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PSA boss Tavares sees signs his big bet on Opel will pay off

Tavares (right, background) is counting on Opel boss Lohscheller (right, foreground) to end losses. (Bloomberg)
PS
By:
Peter Sigal
May 06, 2018 05:00 AM

PARIS -- It was just over a year ago that PSA Group CEO Carlos Tavares shook up the automotive world by agreeing to purchase Opel and Vauxhall, General Motors' stubbornly unprofitable European brands, for $2.2 billion.

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