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PSA Turnaround Of GM Loss Maker Opel Vauxhall Looks Solid

PSA Turnaround Of GM Loss Maker Opel Vauxhall Looks Solid. “So what magic potion did Tavares apply to achieve this almost unbelievable profit?” PSA Groupe investors are wondering if CEO Carlos Tavares’s stunning turnaround of perennial loser Opel Vauxhall is sleight of hand or real, and the consensus says we’d better start believing. Opel Vauxhall […]

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PSA Of France’s Profits Spotlight Ford Europe, Fiat Weakness

PSA Of France’s Profits Spotlight Ford Europe, Fiat Weakness. “We struggle to see reported margins as indicative of the true strength of OV’s turnaround” France’s PSA Group is making money again and putting huge pressure on laggards like Ford Europe and Fiat, which could force them into take some hard decisions including withdrawal from the […]

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PSA Stuns Investors With Strong Profits

PSA Stuns Investors With Strong Profits. Even Opel Vauxhall Makes Money For The First Time This Century. Achievement More Notable As Main Rivals Struggle. Could PSA Work Its Magic To Help Struggling Ford, Fiat? PSA Group first half profits soared more than 40 per cent and included a barely believable half billion euro contribution from […]

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PSA Opel Plan Said Over-Optimistic; Only A Hint Of Harshness

PSA Opel Plan Said Over-Optimistic; Only A Hint Of Harshness. Surprising Omission Of Capacity, Headcount Cuts. Call To Dump Vauxhall Denied By Tavares. “Many questions remain” “Opel-Vauxhall loss-making is not just going to go away. Something quite dramatic and credible will have to be done” PSA Group of France’s decision to buy chronic loss-maker Opel-Vauxhall […]

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Opel-Vauxhall To Focus On Electrification, Expand Globally

Opel-Vauxhall To Focus On Electrification, Expand Globally “Opel will enter more than 20 new export markets by 2022 (and) explore global midterm overseas profitable export opportunities” Opel-Vauxhall, sold to France’s PSA Group by General Motors, plans to concentrate on electrification and expand its sales outside of Europe for the first time. Opel-Vauxhall, outlining its long-term […]

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