The main announcements of the Opel Recovery Plan
- The Opel / Vauxhall Brand Recovery Plan was unveiled on Thursday, November 9, 2017. Here is a summary of the main announcements:
1. no closure of Opel plants (six plants in Europe: Rüsselsheim, Eisenach, Zaragoza, Gliwice, Ellesmere Port, Luton) but their capacity will be reduced by an average of 25% by 2020.
2. gradual transfer to 2024 of GM platforms and engines to PSA platforms and engines. The R & D center in Rüsselsheim will still operate and will now work for the entire PSA group.
3. repatriation of Mokka (80,000 units) and Karl (60,000 units) from Korean sites to Opel's European plants by 2020.
4. development of Opel's non-European sales: 100,000 sales expected in 2020, compared to 50,000 in 2017. Opel focuses on Turkey, China and Brazil, where the brand is currently absent. Only PSA based models can be exported.
- The sales volume of the Opel and Vauxhall models should therefore theoretically increase from 1.2 million in 2017 (of which 1.05 million manufactured in Europe) to 1.25 million in 2020 (of which 1.25 million manufactured in Europe).
- At the same time, the production capacity of the Opel and Vauxhall plants would go from 1.4 million to 1.05 million (a reduction of 25%). This means that there are 200,000 Opel vehicles manufactured in factories other than Opel's, namely those of PSA (such as Combo in Vigo or Grandland in Sochaux). We should consider either future Opel models manufactured at PSA sites (100,000 units per year), or a 100,000 units/year decline in sales of Opel models in Europe by 2020.
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