News results for "vauxhall"

Fully Electric Corsa, Arriving in 2020, Announces Opel’s Intention To Electrify Everything

Posted By GMbeat on Articles

https://insideevs.com - The PSA Group, after its acquisition of Opel/Vauxhall, has announced the PACE! strategic plan for the company – with profitability and electrification in mind.

PSA Plan For Opel-Vauxhall Survival Leaves Out The Difficult Bits

Posted By GMbeat on Articles

https://www.forbes.com - When PSA Group of France said it would buy chronic loss-maker Opel-Vauxhall from GM, investors wondered why, then quickly realized there’s was only one way to make it work; big cuts in capacity, costs and personnel. But Opel-Vauxhall long term goals can apparently be achieved with little pain.

PSA's Opel-Vauxhall Will Concentrate On Electrification, Expand Globally

Posted By GMbeat on Articles

https://www.forbes.com - Opel-Vauxhall, sold to France’s PSA Group by General Motors, plans to concentrate on electrification and expand its sales outside of Europe for the first time. Its restructuring plan contained no job losses or plants closures, yet.

Vauxhall readies new large SUV to rival Skoda Kodiaq

Posted By GMbeat on Articles

https://www.autocar.co.uk - Vauxhall is preparing an all-new SUV flagship under its new PSA ownership ahead of a 2020 launch. A newly revealed design sketch shows an early version of the car’s styling, which is devoid of a grille.

Opinion: Can the PSA Group really save Vauxhall and Opel?

Posted By GMbeat on Articles

https://www.autocar.co.uk - To take a company that has underperformed - some might say failed - for at least 15 years, and which loses around £3m a day at present, and make it profitable within three and a bit years sounds remarkable. But the detractors would do well to remember what the PSA Group has achieved before.

PSA Group reveals plan to make Vauxhall and Opel profitable by 2020

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https://www.autocar.co.uk - The PSA Group has unveiled its plans to make Vauxhall and Opel a success following its acquisition of the firm earlier this year, with highlights including launching all future products on PSA platforms - including an all-new Corsa in 2019 - and aiming to keep all current plants including Ellesmere Port open, although potentially on altered terms. Vauxhall and Opel declared losses of £190 million in the second quarter of 2017; daily losses at the firm under GM ownership were estimated to be in the region of £3m on average.