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Opel’s PACE! plan to profitabllity: shifting down to accelerate
Opel is shifting down to accelerate to profitability. The Russelsheim factory remains the home base and R&D becomes the global competence centre for the whole PSA Group /dpa
On Thursday, Opel’s CEO Michael Lohscheller has unfolded his plans – called PACE! – to regain profitability by 2020 as demanded by PSA. Without ‘forced redundancies and while keeping all plants open’ Opel will reduce costs by 700 euro per car among others and go all the way in synchronizing with PSA for efficiency. All
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