Opel To Cut Models, Develop EV Tech As Part Of PSA’s Restructure

PSA Group’s restructuring plan for Opel includes reducing the number of models the German brand sells in order to focus on high-margin segments, as well as develop EV technologies for its new owners.

PSA is also going to bundle Opel’s purchasing activities with its own and launch the German brand in new markets that were previously considered a taboo under GM’s ownership, according to AutoNews.

These changes are some of the key points of the general restructuring plan PSA has in store for Opel, a plan that will be presented in a few days by the German brand’s CEO Michael Lohscheller.

PSA intends to use Opel’s Rüsselsheim-based technical center as a hub for the partial or complete electrification of all the Group’s future models. Other expected to be announced measures include cutting Opel’s labor costs but details will be revealed during the official announcement.

From now on, all future Opel models will be based on PSA’s platforms, using their engines, transmissions and other technologies. This will also help Opel to achieve the fuel efficiency and CO2 reduction targets which are expected to be missed with its current powertrains.

The goals of PSA’s restructuring plan are for Opel to breakeven in 2019 and bring a 2 percent operating margin in 2020.

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  • Adi

    Adam, Corsa 3dr, Cascada have to go.

    • MP4-12C

      Ampera, Karl, Astra sedan and Zafira could also go. Meriva is pretty much dead already.

      • KareKakk

        Meriva is replaced with Crossland X, which is already PSA-based.

        • MP4-12C

          Yes, but there are still some unsold Merivas on dealers lots. It was a slow seller for some time.

      • Since Karl and Ampera aren’t really Opels, they will surely go… But then again, since Opel will be in charge of EV development, some kind of Ampera follow-up will appear sometime in the future.

        I believe Cascada is also history.

  • rover10

    I fear Vauxhall jobs in the UK will go. We are talking about a French owned company here, who will always put French jobs before any other, they are notorious for doing so.

    • Yet they killed french factories in favors of spanish ones.

    • KareKakk

      Name me one country that favours foreign jobs over their owns?

      • O123

        Australia

  • Tinky-Winky

    Opel already has the right logo for EV.

  • The sad thing is… that means no more than 4 cylinders in the future. OPC cars if they still exist will have a 4pot making 200hp. And PSA has no great gear box… 🙁

  • Adam

    RIP Opel

    • Obsequious Lickspittle

      ♫Opel cars! The brand that’s ready for slaughter.♫
      Apologies to Mars.

  • Carson

    Great, Opel are going to have clunky and sloppy manual gearboxes now, thanks PSA.

  • Cobrajet

    When Opel used to be great, (greater than BMW and Audi at the time).
    http://3.bp.blogspot.com/-uyBRKwcCqac/VUMrpUHJo9I/AAAAAAAAnM8/SPqsOhVgzVg/s1600/Opel-Diplomat-2.jpg

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