Carlos Tavares News

Failure To Turn Around Opel Will Have ‘Very Serious’ Consequences For PSA Groupe

According to PSA CEO Carlos Tavares.

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Will PSA Groupe Eliminate Most Of Opel’s Vehicle Development Staff?

Some believe that only 800 of the 7,700 Opel development employees will remain.

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Opel Posts $250 Million Loss In Second Quarter 2017

That’s an increase from the $210 million in the first quarter.

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Opel Chief Karl-Thomas Neumann Skeptical About Introducing Opel In China

The brand was briefly available in China under GM’s ownership.

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PSA Group Could Take Opel Brand Global Following Acquisition

While exporting Opel vehicles from Europe.

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With ‘Humility And Confidence’, PSA Group CEO Believes Opel-Vauxhall Can Be Turned Around

The French automaker knows a thing or two about turning things around in Europe.

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Officially Official: General Motors Sells Opel-Vauxhall To PSA Groupe

The transaction is valued at a total of €2.2 billion, with GM having

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In Acquiring GM’s Opel, PSA Group To See Notable Value And Speedy Savings

A few years ago, PSA found itself in a similar situation as Opel today.

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Vauxhall Ellesmere Port Plant ’Safe’ Until At Least 2021 In PSA Group Buyout

The facility produces the Opel and Vauxhall Astra compact car.

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