News results for "opel"

PSA sales hit record, helped by Opel, WLTP advantage

Posted By GMbeat on Articles

https://europe.autonews.com - PSA's sales increased by 6.8 percent to a record 3.88 million in 2018 as a slump in China and other regional markets was offset by the integration of Opel sales, a strong performance in Europe and the automaker's ability to meet a deadline on the new WLTP testing regime.

Rare Rides: Take Note of a 1960 Opel Rekord

Posted By GMbeat on Articles

https://www.thetruthaboutcars.com - Long before Opel became a donor for the badge-engineered Cadillac Catera and Buick Regal, the then GM-owned company shifted its own cars on North American soil. Today’s Rare Ride is a very early example of such a North American offering: It’s a two-door Rekord sedan from 1960.

PSA CEO Tavares seeks to restore luster in China and beyond

Posted By GMbeat on Articles

https://europe.autonews.com - PSA CEO Carlos Tavares delivered good news to investors this summer when he announced that the company’s German subsidiary, Opel, had turned a profit in the first half of 2018 – something it was unable to do for decades when it was owned by General Motors. Besides keeping the focus on Opel, Tavares has other tasks ahead of him – notably, managing the transition to low-emissions drivetrains and rejuvenating PSA’s struggling operations in China. Tavares spoke about the automaker's future plans.

Opel CEO aims to capitalize on gains from restructuring plan

Posted By GMbeat on Articles

https://europe.autonews.com - In 2017, Opel presented its PACE strategy detailing how the former General Motors unit would achieve profitability under new owner PSA. The plan included an electrification roadmap setting out how Opel will meet its EU-mandated CO2 emissions reduction target. CEO Michael Lohscheller discussed Opel’s progress. 

Opel/Vauxhall's new production boss is veteran Spanish exec

Posted By GMbeat on Articles

https://europe.autonews.com - Opel/Vauxhall promoted veteran Spanish production expert Antonio Cobo as vice president for manufacturing and supply chain. Cobo will succeed Remi Girardon who returns to Opel parent PSA Group to take up a new post.

Opel Wants 1,300 EV Chargers In Its “Electric City”

Posted By GMbeat on Articles

https://insideevs.com - One public charging point will fall on just 72 inhabitants Opel has announced a new initiative (in partnership with Rüsselsheim and the RheinMain University) to convert its hometown – Rüsselsheim am Main in Germany – to an “Electric City” through installing up to 1,300 charging points by 2020. The federal government approved a €12.

Analysis: how PSA boss Tavares transformed the car group

Posted By GMbeat on Articles

https://www.autocar.co.uk - PSA chairman Carlos Tavares recently confirmed a 40% year-on-year revenue growth and record profitability for the group, which passed Volkswagen Group in September to become Europe’s biggest car maker.   Tavares has transformed PSA’s Peugeot, Citroën and DS brands (plus newly acquired Vauxhall-Opel) from a dire financial situation into what is now one of the most profitable car-making groups in the world.

New 2020 Vauxhall Mokka X to gain electric version

Posted By GMbeat on Articles

https://www.autocar.co.uk - The next-generation Vauxhall Mokka X small SUV, due to go into production in 2020, will offer an electric powertrain. The move is part of the PSA Group’s plans to accelerate the electrification of the Vauxhall and Opel ranges, including a plug-in hybrid or electric version of every model.