You must have an Automotive Newssubscription to view the digital edition
Click here to subscribe
PSA Group will focus its slimmed-down Opel/Vauxhall dealership network across Europe on sales performance and customer satisfaction.
Opel and Vauxhall are cutting dealerships as new owner Peugeot continues to reduce costs at the automaker it acquired last year in the face of sliding sales, notably in Britain, a major market.
GM could return to Europe by offering self-driving technology or mobility services, CEO Mary Barra said. GM has been investing more in self-driving cars, electric vehicle technology and ride-sharing services.
PSA, which bought GM's European operations, now wants about half of the money back because Opel's engines are too inefficient to meet CO2 emissions reduction targets, sources told Reuters.
Opel's first business plan under its new French owners, PSA, will set out how the German automaker will reach profitability that has eluded the former GM division since 1999.
Automotive NewsJobs Board
Get 24/7 access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news that's vital to your business.
Sign up today to get the best of Automotive News delivered straight to your email inbox, free of charge. Choose your news – we'll deliver.
Entire contents © Crain Communications, Inc.
Use of editorial content without permission is strictly prohibited. All Rights Reserved.