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Opel announces turnaround and expansion plans

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Opel announces turnaround and expansion plans

Opel has announced its turnaround plan as promised, 100 days after the PSA Group took ownership of the German and British automaker. At press conference overnight, Michael Lohscheller, Opel's recently installed CEO, laid out details about its "Pace!" strategy, which aims to bring Opel into the black by 2020 after two decades in the red...

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Opel to become Peugeot's electric R&D hub, expand into new markets - report
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Opel to become Peugeot's electric R&D hub, expand into new markets - report

Details about the restructuring of Opel under the leadership of the PSA Group, owner of the Peugeot, Citroen and DS brands, have leaked ahead of their official announcement. According to the Frankfurt Allgemeine Zeitung, Opel's Russelsheim technical centre will become a key research hub for the French-German automaker, and will focus on developing partial or full electrification solutions for all of PSA's platforms...


2018 Commodore (sort of) shortlisted for World Car of the Year
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2018 Commodore (sort of) shortlisted for World Car of the Year

The Opel Insignia, near-identical twin to the Holden Commodore, has been nominated for World Car of the Year. The replacement for the locally-built Commodore, set to arrive in dealerships in February next year, is among 35 cars nominated for the award, won by the Jaguar F-Pace last year. Previous winners also include the Mazda MX-5, Audi A3 and Mercedes-Benz A-Class...


2018 Holden Astra 'GSi' spied
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2018 Holden Astra 'GSi' spied

A hotter version of the Holden Astra hatch has been spied undergoing testing with almost no disguise on. The development prototype wears new front and rear bumpers with new styling that's sportier, but not overly aggressive. The car's sporty intent is signalled by splashes of red piping at both ends...


Opel 'Monza' luxury SUV on ice after PSA takeover - report
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Opel 'Monza' luxury SUV on ice after PSA takeover - report

The recent PSA Group takeover of the Opel and Vauxhall brands has forced the former General Motors (GM) subsidiaries to shelve plans for a flagship SUV, according to a new report out of the UK...


Peugeot parent completes takeover of Opel/Vauxhall from GM
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Peugeot parent completes takeover of Opel/Vauxhall from GM

The PSA Group, the parent company behind Peugeot, Citroen and DS, completed its takeover of Opel and Vauxhall from GM on August 1. Opel has promised to deliver a new performance plan within 100 days, with the key goal of achieving operational profitability by 2020 and a six per cent profit margin by 2026...


2018 Holden Commodore VXR: Opel, Buick cousins revealed
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2018 Holden Commodore VXR: Opel, Buick cousins revealed

Forming part of a simultaneous global unveiling for all three brands, new Opel and Buick-badged versions of the car we'll see as the 2018 Holden Commodore VXR have been revealed today. Identical to the Holden-badged car revealed earlier today, these new Opel Insignia GSi and Buick Regal GS performance models will go on sale in Europe and the US respectively...


EU approves Peugeot's purchase of Opel/Vauxhall from GM
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EU approves Peugeot's purchase of Opel/Vauxhall from GM

The PSA Group's purchase of Opel and Vauxhall from General Motors has been given the go-ahead from the European Union's antitrust authorities. With approval secured from the EU, one of the key hurdles has been cleared in the 2.2 billion euro ($3.3 billion) purchase of the majority of General Motors' European operations by the PSA Group...


Opel CEO Karl-Thomas Neumann resigns as Peugeot takeover moves forward
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Opel CEO Karl-Thomas Neumann resigns as Peugeot takeover moves forward

Karl-Thomas Neumann has stepped down from his position as CEO of Opel, effective immediately. Neumann has been replaced by Michael Lohscheller, who has been Opel's chief financial officer (CFO) since September 2012. Neumann will remain on Opel's management board until the sale of Opel/Vauxhall to Group PSA, parent company of Peugeot, Citroen and DS, is completed...


Pope Francis receives new Opel Ampera-e
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Pope Francis receives new Opel Ampera-e

An all-electric Opel Ampera-e has been given to Pope Francis as part of the Vatican City's push to eliminate greenhouse gas emissions. The Opel Ampera-e is essentially a Chevrolet Bolt with different grilles and badging. The two cars feature the same drivetrain consisting of a 150kW/360Nm electric motor and a 60kWh lithium-ion battery pack...


Opel/Vauxhall sale held up by disagreement over on-going development work - report
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Opel/Vauxhall sale held up by disagreement over on-going development work - report

The sale of Opel and Vauxhall to the PSA Group, owner of the Peugeot, Citroen and DS brands, has reportedly hit a snag. Sources have informed the Allgemeine Zeitung the company's works council has paused the transition timeline. Employee information sessions, which were due to be held this week, have been postponed indefinitely...


Opel Grandland X SUV revealed
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Opel Grandland X SUV revealed

German brand Opel, newly under French ownership, has revealed its upcoming new Grandland X mid-sized SUV today. Entering above the compact Mokka X and Meriva-replacing Crossland X, the third X model in Opel's new-generation SUV trifecta will make its first public appearance at September's Frankfurt motor show...


CarAdvice News Desk: The weekly wrap for April 7, 2017
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CarAdvice News Desk: The weekly wrap for April 7, 2017

Welcome to the CarAdvice.com News Desk, a regular video wrap of the latest happenings in the automotive world and Australia's new-car market. Keeping you in the loop, Tegan Lawson presents a weekly video from the CarAdvice Garage, with everything you need to know about the week in news and reviews...


CarAdvice podcast 45: Nissan 370Z vs Ford Mustang
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CarAdvice podcast 45: Nissan 370Z vs Ford Mustang

Mandy, Paul and Dave bring you the latest car news of the week, including the 2017 Honda Civic hatch pricing announced, LDV T60 ute is on sale in Australia from October, 2018 Volkswagen Polo has been spied undisguised in South Africa, PSA says Opel purchase part of plan to ‘conquer’ the world, and Mercedes-AMG E43 goes operational with Victoria Police...


Peugeot family says Opel purchase part of plan to 'conquer' the world
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Peugeot family says Opel purchase part of plan to 'conquer' the world

Members of the Peugeot family have revealed more of the rationale behind the PSA Group's purchase of the bulk of GM's European operations, including Opel and Vauxhall. Reuters reports that Jean-Philippe and Robert Peugeot sat down for an interview with Welt am Sonntag, and presented further thoughts on the 2.2 billion euro ($3.1 billion) deal...


2017 Geneva motor show: Epic from-the-show-floor experience
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2017 Geneva motor show: Epic from-the-show-floor experience

If you don't already know, Geneva is in Switzerland. And while some Aussies might miss having motor shows here in Oz, few will see that as enough of an excuse to splash out to attend a major international one. Luckily, this year's 2017 Geneva motor show (on until March 19) was my first, and it was so good, I didn't want anyone to miss out...


CarAdvice News Desk: The weekly wrap for March 10, 2017
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CarAdvice News Desk: The weekly wrap for March 10, 2017

Welcome to the CarAdvice.com News Desk, a regular video wrap of the latest happenings in the automotive world and Australia's new-car market. Keeping you in the loop, Tegan Lawson presents a weekly video from the CarAdvice Garage, with everything you need to know about the week in news and reviews...


CarAdvice podcast 43: Geneva motor show!
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CarAdvice podcast 43: Geneva motor show!

Mandy, Paul and Mike Stevens are in the studio this week. Included in car news is the PSA takeover of Opel, Volkswagen Australia applying ‘firm pressure’ on factory for safer Amarok, the 2017 Peugeot 3008 wins European Car of the Year, Mitsubishi Lancer future in doubt, Kia Stinger pricing and positioning crucial for success, KTM X-Bow is on sale in Australia...


Holden involved in Opel Insignia development since 2012
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Holden involved in Opel Insignia development since 2012

Opel says Holden’s involvement in the Insignia has been integral to the project since day one, with both design and engineering input from Australia shaping the next-generation Commodore from as far back as 2012. The Insignia, which will become the new 2018 Holden Commodore, has been engineered and designed by Opel in Europe, but the team in Australia had been actively involved with the project from the get-go...


Cadillac: Australia still a part of its future game plan
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Cadillac: Australia still a part of its future game plan

General Motors' luxury brand Cadillac has confirmed that building right-hand-drive vehicles is very much part of it future game plan, once it has further established itself a global player. Having previously come extremely close to launching the brand in Australia, Cadillac now appears to be gearing up for another go in the new decade...