Opel drives clearly behind the competition

Opel has clearly lost ground on the German car market in the first half of the year. At the same time, more cars have been registered under the line than a year ago, as figures from the Kraftfahrt-Bundesamt show. For example, market leaders VW and competitor Ford have significantly increased their sales. After all, Opel… Continue reading Opel drives clearly behind the competition

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Strike affects car production at VW and Opel

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PSA maps out Vauxhall’s path to profitability

Opel and Vauxhall have not posted a full-year profit this century, losing about £15 billion in the past 17 years. That represents a catastrophic failure by any measure, but it also highlights just how ambitious the recovery plan set out by new owner the PSA Group is. The strategy, called ‘Pace’, calls for (among other… Continue reading PSA maps out Vauxhall’s path to profitability

Opel Ends Production Of Astra GTC, Zafira

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Opel Ends Production Of Astra GTC, Zafira

20 Jun 2018, 9:03 UTC · by Mircea Panait
/ Home / News / Industry

The Astra is nothing but the Chevrolet Cruze of Europe, a compact hatchback that does everything you can expect of it. But be that as it may, Opel and Vauxhall didn’t put too much effort into making the Astra as fun as its predecessor was in OPC flavor. Speaking of which, the J generation continued to be offered as the Astra GTC. But three years after the K came along, the GTC has been phased out.
16 photosFrom Autocar.co.uk: “The three-door, Astra-based GTC has also fallen as SUV demand rises.” A spokesman told the British motoring publication that the seven-year-old model’s “business case is no longer viable.”
Having sold an estimated 40,000 examples across the Old Continent during this time, it’s safe to say the Astra GTC ends production on a sour note. The Zafira people carrier is dead too, having been replaced by the PSA-developed Grandland X.
“A brand spokesman told Autocar that the seven-seat Zafira Tourer, which has been on sale since 2011, was hit by a significant move away from MPVs and the growing popularity of SUVs.” And with that, Opel and Vauxhall can now focus on what’s in with the In Crowd. MPVs are biting the dust one after the other in Europe in particular because Generation X is old, leaving millennials to dictate the market.
In addition to a three-row flagship utility vehicle confirmed to arrive by the end of the decade under the careful development of the PSA Group, Opel is also working on realigning the OPC division to the industry’s current developments. To this effect, OPC (and Vauxhall’s VXR) will be reinvented by means of electrification.
Speaking of the automaker’s electrified future, the all-new eCorsa is coming in 2020, one year after the sixth generation of the subcompact hatchback will hit dealership lots. Both variants will be manufactured at the Zaragoza plant in Spain. Now specialized in EMP2-based vehicles such as the Crossland X, the factory opened in 1982 and celebrated the 13-millionth vehicle produced in April 2018.

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OPEL models:OPEL Combo Life Medium MPVOPEL Grandland X CrossoverOPEL Insignia GSi MediumOPEL Insignia Sports Tourer GSi MediumOPEL Crossland X CrossoverAll OPEL models

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FAURECIA AMENDS AND EXTENDS ITS €1.2 BILLION LONG-TERM SYNDICATED CREDIT FACILITY

Faurecia signed on June 15 an Amend & Extend (A&E) agreement regarding its €1.2 billion Syndicated Credit Facility, initially signed in December 2014 and already amended in June 2016. This new agreement extends the maturity of the facility, which is undrawn as of today, from June 2021 to June 2023, with two optional one-year extensions.… Continue reading FAURECIA AMENDS AND EXTENDS ITS €1.2 BILLION LONG-TERM SYNDICATED CREDIT FACILITY

That drives Opel

*/ ]]> Rüsselsheim TechDay (11-14 June 2018): Around 240 journalists, financial analysts, suppliers, dealers, politicians and employees will learn the key role of the Rüsselsheim Research and Development Center in the global engineering network of Groupe PSA. Although the electrification of the Opel model range is a mainstay of the PACE! Plan, that does not… Continue reading That drives Opel

This benefits the entire Groupe PSA

*/ ]]> Rüsselsheim TechDay (11-14 June 2018): Around 240 journalists, financial analysts, suppliers, dealers, politicians and employees will learn the key role of the Rüsselsheim Research and Development Center in the global engineering network of Groupe PSA. Rüsselsheim TechDay: Relaxed semi-darkness, comfortable armchairs, a gigantic screen. The Virtual Reality Room of the Design Center is… Continue reading This benefits the entire Groupe PSA