Failure To Turn Around Opel Will Have ‘Very Serious’ Consequences For PSA Groupe
According to PSA CEO Carlos Tavares.
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According to PSA CEO Carlos Tavares.
Some believe that only 800 of the 7,700 Opel development employees will remain.
That’s an increase from the $210 million in the first quarter.
The brand was briefly available in China under GM’s ownership.
While exporting Opel vehicles from Europe.
The French automaker knows a thing or two about turning things around in Europe.
The transaction is valued at a total of €2.2 billion, with GM having
A few years ago, PSA found itself in a similar situation as Opel today.
The facility produces the Opel and Vauxhall Astra compact car.