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Takeover car10/21/2023 What will PSA's strategy for Opel's future look like? I don't think the guarantees given are worth much. But strategically, that's not a long period of time. There are job guarantees until the end of 2018, and the Eisenach Opel plant cannot be closed before 2020. There's a tough road ahead, given Tavares' objective of logging a 6-percent profit margin by 2026.īut we hear there are job guarantees in place, meaning it will take years after any deep changes can be followed through … I wouldn't rule out factory closures in the long run either. In my view, this means that a lot of adjustments have to be made concerning jobs. The PSA chief has said he will speed up the restructuring process at Opel. So, a lot of improvements are required, and General Motors didn't want to push for this any longer. DW: Can PSA's takeover of Opel become a success story?įerdinand Dudenhöffer: Let's not forget that Opel cars have been sold at loss-making prices.
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