Opel CEO aims to capitalize on gains from restructuring plan

Opel expects “big synergies” from moving the new Corsa (current model shown) to a PSA platform.

December 22, 2018 09:11 AM

In November 2017, Opel presented its PACE strategy detailing how the former General Motors unit would achieve profitability under its new owner, PSA Group. The turnaround plan included an electrification roadmap setting out how Opel will meet its EU-mandated fleet CO2 emissions reduction target in 2021. Opel CEO Michael Lohscheller met with Automotive News Europe Correspondents Christiaan Hetzner and Peter Sigal to discuss the company’s progress.

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