The ailing automaker Opel and Peugeot want to navigate together against the sales crisis on Europe's car market and plan for the joint construction of four models.
Such as PSA and the General Motors subsidiary announced on Wednesday, by the end of 2016, the first vehicles roll off the line. Specifically should Opel building jointly with the Peugeot, a van, with its sister brand Citroen is to create a small car. In addition, a common platform for another small car with low CO2 emissions and a program planned for a family car.
In addition, the purchase of the company be better coordinated. PSA and General Motors had been received at the beginning of an alliance. Within five years, the companies are hoping to save two billion dollars (1.5 billion euros).
The French and the GM subsidiary Opel suffer massively under their narrow focus on the European market. Here the demand is solid back to primarily small and medium-sized cars, just the mass producers are not going on their cars, or need to press with high discounts in the market. While PSA wants to close a factory in Paris and spread throughout the country 8,000 jobs will be at Opel speculated for some time about a closure of the Bochum plant.
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