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    Opel’s restructuring plan to cut models

    Opel’s restructuring plan to cut models

    6.November 2017

    Opel will reduce the number models it sells to concentrate on high-margin segments and will also develop electric expertise for PSA Group, Frankfurter Allgemeine Zeitung reported.
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    Opel marketing chief Mueller to leave automaker

    Opel marketing chief Mueller to leave automaker

    25.September 2017

    Opel’s marketing chief, Tina Mueller, is leaving the automaker, German business daily Handelsblatt reported.
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    PSA wins EU approval to buy Opel

    PSA wins EU approval to buy Opel

    10.July 2017

    PSA Group secured unconditional EU antitrust approval on Wednesday to acquire General Motors’ German unit, Opel, a move that will make it Europe’s second-largest automaker after Volkswagen Group.
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    Finance chief Lohscheller is a new Opel CEO

    Finance chief Lohscheller is a new Opel CEO

    16.June 2017

    General Motors’ European division Opel is losing its CEO, Karl-Thomas Neumann, just as it prepares to be acquired by PSA Group, a move that could see Neumann rejoin Volkswagen Group to run its Audi division.
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    VW may rehire Opel CEO Neumann to run Audi

    VW may rehire Opel CEO Neumann to run Audi

    12.June 2017

    Volkswagen Group is looking at rehiring Opel CEO Karl-Thomas Neumann, possibly to lead its Audi brand, a source familiar with the matter told Reuters, following a report that Neumann will quit Opel.
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    Opel managers in line for big bonuses after PSA deal

    Opel managers in line for big bonuses after PSA deal

    31.March 2017

    General Motors will pay Opel’s senior managers million-euro bonuses following the sale of the German brand to PSA Group, regardless of whether the executives remain with the company, a report said.
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    Opel and PSA: annual synergies of 1.7 Bn EUR

    Opel and PSA: annual synergies of 1.7 Bn EUR

    6.March 2017

    The transaction of PSA and Opel joint venture will allow substantial economies of scale and synergies in purchasing, manufacturing and R&D. Annual synergies of €1.7 Bn are expected by 2026 – of which a significant part is expected to be delivered by 2020, accelerating Opel/Vauxhall’s turnaround.
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    Tavares: we will accelerate Opel’s turnaround

    Tavares: we will accelerate Opel’s turnaround

    6.March 2017

    PSA CEO Carlos Tavares will manage the joint carmaker. How are his plans to stabilize the brands position on European market?
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    Magazín Automakers