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Opel speeds shift to PSA vehicle platforms


FRANKFURT/PARIS (Reuters) - Opel said on Thursday that it will shift its entire model lineup onto PSA Group's architecture faster than previously planned, as the Peugeot maker pursues 1.7 billion euros ($2 billion) in savings from its acquisition of the loss-making German brand.Opel and British sister brand Vauxhall will roll out nine new models by 2020 and complete the transition to PSA technology four years later, while offering electric or hybrid versions of every vehicle, Chief Executive Michael Lohscheller said.PSA, which agreed to buy Opel from General Motors in March, had said at the ...

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First Published: Thu, November 09 2017. 12:40 IST