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Key to Opel’s revival? Slash and simplify—but that was just the start, CEO Lohscheller says

Lohscheller: "Costs are your best friend because that is what you can control." (Lars Ardarve)
May 23, 2019 07:18 AM

GOTHENBURG, Sweden — Opel’s turnaround was accomplished by slashing fixed costs and sharply simplifying its product portfolio, CEO Michael Lohscheller said. But he and his management team employed other levers to get Opel into the black last year.

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