PSA Group has received regulatory approval from the Europen Union for its acquisition of Opel and Vauxhall from General Motors.
Opel will continue to sell assets in South Africa as the manufacturer transitions from being a subsidiary of General Motors to PSA Group.
Former Opel CEO Karl-Thomas Neumann will be replaced by former Opel CFO Michael Lohscheller.
Opel has revealed the Opel Grandland X crossover SUV, the third member of the automakers Opel X family line of SUVs which look to capitalize on the increasing popularity of SUVs.
The Astra is one of the bestselling models in the Opel portfolio and has been ordered around 400,000 times since its market launch in 2015.
The next-generation Opel Insignia Grand Sport and Grand Tourer made their public debut on March 7, 2017 at the 2017 Geneva Motor Show, giving a first look at the future of the Holden Commodore.
PSA Group has reached an agreement with General Motors to purchase GM’s European operations — which include the Opel and Vauxhall brands, as well as GM Financial’s European operations — for 2.2 billion euros.
Building on Opel’s successful first quarter, Wolfgang Stahl, shares his plans to continue this momentum by introducing new models, financing options, and other services for fleet customers.
Opel has appointed Wolfgang Stahl to the role of director of European fleet, remarketing and used vehicle operations.
Opel said it is taking the next step to become a mobility provider after successfully launching the carsharing app CarUnity. The automaker is investing in the Internet and app-based ridesharing platform flinc.
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