2018-07-25 15:50:51

Opel is gradually selected from the financial losses

In 2017, Opel left General Motors, choosing Peugeot Citroen Automobiles. Such a move helped the company get out of the crisis.

For the first time in many years, the financial component of Opel has improved.

PSA for the first half of 2018 increased its profit by 18%, reaching 1.48 billion euros. Concerning Opel (Vauxhall), then for the first 6 months of this year, it earned 502 million euros. In 2017, the company's losses amounted to 179 million euros. 2 years earlier the situation was even worse - minus 257 million euros. The last profit from Opel, for a minute, was fixed in 1999!

Reuters writes that the company achieved such results through the PSA policy, which meant the dismissal of 3,700 people from Opel, and another 4,000 people expect to be dismissed. In general, Opel's expenses decreased by 28%.

Opel helped and new crossovers - 935,169 copies sold for 2017.

Electric Opel Astra is being prepared for 2023
Electric Opel Astra is being prepared for 2023
Opel planned to start sales of the electric version of the new generation, Astra, in 2023
02.Sep.2021
Opel Astra sixth-generation officially debuted
Opel Astra sixth-generation officially debuted
Opel has officially declassified the new generation of the Opel Astra, the sixth generation
14.Jul.2021
Opel not coming to Germany's main motor show
Opel not coming to Germany's main motor show
Opel refused to take part in the International Motor Show (IAA)
15.Jun.2021
Opel Monza - this will be the name of the new electric SUV
Opel Monza - this will be the name of the new electric SUV
Opel has decided on a name for its new Monza electric crossover
10.Nov.2020
Meet the new generation of Opel Mokka
Meet the new generation of Opel Mokka
Opel held the presentation of the second-generation Mokka compact SUV
25.Jun.2020
The new Opel Mokka showed on video
The new Opel Mokka showed on video
Opel declassified a video in which company CEO Michael Losheller showed a little second-generation Mokka crossover.
23.Jun.2020