Tag: PSA

Peugeot pays 1.3 billion euros for Opel

Now there is clarity for the Opel employees: PSA Peugeot Citroën and General Motors have agreed on the sale of Opel. Now the car maker is facing a tough rehabilitation route. TESSON / EPA / REX / Shutterstock PSA boss Carlos Tavares Monday, 06.03.2017 13:44 clock The sale is sealed: The French carmaker PSA Peugeot… Continue reading Peugeot pays 1.3 billion euros for Opel

Opel boss Neumann goes, Chief Financial Officer takes over

Opel boss Karl-Thomas Neumann resigns. Successor will, according to the company, the previous CFO Michael Lohscheller. The takeover by PSA-Peugeot-Citroën should not hinder this. imago / onemorepicture Opel manager Neumann Monday, 12.06.2017 16:42 clock New boss of Opel becomes the former Chief Financial Officer Michael Lohscheller. He succeeds Karl-Thomas Neumann, who resigned on Monday, as… Continue reading Opel boss Neumann goes, Chief Financial Officer takes over

EU authorizes Opel takeover by PSA

The European Commission has approved the acquisition of Opel by Peugeot. After a detailed examination, the authority claims to have no competition concerns, conditions will not exist. Peugeot Opel cars in front of a dealership Wednesday, 05.07.2017 5:32 pm The EU Commission has approved the takeover of the German car manufacturer Opel by the French… Continue reading EU authorizes Opel takeover by PSA

“The man who knows the costs”

Opel is in crisis – and should be sold to PSA. The former finance manager Michael Lohscheller should guide Opel as the new boss. What are his biggest challenges? Michael Lohscheller Monday, 12.06.2017 20:14 clock As man for the numbers came to finance boss Michael Lohscheller Opel, as new CEO, he will now continue. The… Continue reading “The man who knows the costs”

The hard consequences of the Blitzfusion

The purchase of Opel by Peugeot seems decided thing. Trade unions and politicians are still trying to win the French concessions to the Joberhalt. But there is no way around a hard renovation. Opel boss Karl Thomas Neumann Tuesday, 21.02.2017 10:53 clock Little time? At the end of the text there is a summary. The… Continue reading The hard consequences of the Blitzfusion

Opel is now part of the PSA Group

The sale of Opel to the French carmaker PSA is completed: Since Tuesday, the Rüsselsheim car maker is part of the PSA Group. The employees will have to adjust to a horse cure. Factory premises of Opel in Rüsselsheim Tuesday, 01.08.2017 09:23 clock The carmaker Opel is now part of the French PSA Group, The… Continue reading Opel is now part of the PSA Group

Opel plans conversion to pure electric brand

The car manufacturer Opel has been inaugurated very late in the sales talks of GM and Peugeot, according to manager magazin information. The GM daughter has an alternative plan in the drawer. Opel boss Karl Thomas Neumann in Ampera-e. Wednesday, 15.02.2017 13:20 The board of the car manufacturer Opel is from the Acquisition negotiations with… Continue reading Opel plans conversion to pure electric brand

PSA boss Tavares wants to trim Opel on profits

In the middle of the talks about an Opel purchase, the French auto giant PSA is setting its margin targets high. CEO Tavares now wants to help the loss-making German manufacturer on its feet. The bar is high. PSA boss Carlos Tavares Thursday, 23.02.2017 10:04 The French carmaker PSA Peugeot Citroën is facing a possible… Continue reading PSA boss Tavares wants to trim Opel on profits

The strange logic behind an Opel sale

General Motors wants to sell its European subsidiary Opel to Peugeot. With such a deal, the corporations would provide a big surprise. What could be behind the deal? Opel headquarters in Rüsselsheim Tuesday, 14.02.2017 18:22 clock Little time? At the end of the text there is a summary. Well, they’re getting together. The negotiators of… Continue reading The strange logic behind an Opel sale