Statement of Opel Automobile GmbH 2018-05-24 “We repeat that there is a strong commitment to invest in Germany as long as the production sites can perform in a competitive manner to ensure a sustainable future for the company after nearly 20 years of losses. We have outlined this already in November last year when we… Continue reading Statement of Opel Automobile GmbH
Author: PSA Official News
Groupe PSA Improves Its €3 Billion Revolving Credit Facility
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) signed, on May 24th 2018, with its banking partners, an amendment of its €3 billion syndicated credit facility. This amendment improves the economic conditions of this credit facility, signed on April 8th 2014 and amended on November 10th 2015, and extends its maturity. Thus, Groupe PSA benefits from… Continue reading Groupe PSA Improves Its €3 Billion Revolving Credit Facility
Groupe PSA Steps up Its Digital Transformation with the Digital Factory
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) is stepping up its digital transformation with the creation of the Digital Factory. This new facility brings resources and skills together in one place to support the operational departments in their digital transformation. Several hundred internal and external experts are on hand, in: – the Customer Digital Factory:… Continue reading Groupe PSA Steps up Its Digital Transformation with the Digital Factory
The start into the rocket age
*/ ]]> Men with Vision: Fritz von Opel in RAK 2 and Otto Willi Gail, author of the book “With Rocket Power into the World – From the Fire Truck to the Spaceship” (back right, with tie). Shortly before the start: The Opel team pushes the RAK 2 on the grid. May 23, 1928, 10… Continue reading The start into the rocket age
“Nidec-PSA emotors” Joint Venture Created by Groupe PSA and Nidec Starts the Design of Its Future Electric Motors
RUEIL MALMAISON, France–(BUSINESS WIRE)–Regulatory News: MM Shigenobu Nagamori and Carlos Tavares, respectively Chief Executive Officer of Nidec and Groupe PSA (Paris:UG), endorsed today the establishment of Nidec-PSA emotors – the new Nidec Leroy-Somer and Groupe PSA Joint Venture dedicated to the design, development, manufacture and sale of electric traction motors. Forty engineers have already been… Continue reading “Nidec-PSA emotors” Joint Venture Created by Groupe PSA and Nidec Starts the Design of Its Future Electric Motors
“The most beautiful combo we have ever had”
*/ ]]> Corsa with backpack? So the combo was actually called times when he came in 2001 in the third generation based on the small car on the market. Thus, the well-proportioned, stylish Opel Combo Life has nothing in common, last week (May 17) in the Opel Auditorium celebrated its internal premiere. “The new not… Continue reading “The most beautiful combo we have ever had”
Groupe PSA: Evolution within the Executive Committee
RUEIL MALMAISON, France–(BUSINESS WIRE)–Regulatory News: The Executive Committee is evolving to further deploy the Push to Pass Strategic Plan, Opel / Vauxhall PACE! plan, and accelerate the development of the Group (Paris:UG). Yannick Bézard is appointed Executive Vice President of the Eurasia Region. Yannick Bézard joined Groupe PSA in 1985. After holding various positions in… Continue reading Groupe PSA: Evolution within the Executive Committee
Smart presses
*/ ]]> —— The “Presswerk 4.0” is not too far away. Individual elements already prove themselves in daily operation. —— Dr. Niels Koch has a vision. A press shop, in whose production there is no reworking. In which the absolutely conceivable minimum amount of cut waste arises. In which each piece of sheet metal is… Continue reading Smart presses
Opel with new business model in Sweden and Denmark
Opel with new business model in Sweden and Denmark 2018-05-15 Interdan Bil A/S appointed as importer partner in Denmark and Sweden More agility and flexibility in the markets will foster growth of Opel Important milestone of PACE! plan Rüsselsheim. Opel has taken a further step in the execution of its strategic plan PACE!, which has… Continue reading Opel with new business model in Sweden and Denmark
Opel is at the right PACE!
*/ ]]> Opel Post: Mr. Lohscheller, our turnaround plan PACE! has now been under execution for six months. How is its implementation progressing? Michael Lohscheller: We are making good progress and are moving rapidly. We presented PACE! on November 9 last year only 100 days after the merger. And we immediately start with its implementation.… Continue reading Opel is at the right PACE!