PSA reveals strategic plans for Vauxhall and Opel

Posted on 10 Nov 2017 by Jonny Williamson

French carmaker Groupe PSA announced a strategic plan ‘PACE!’ to restore financial fundamentals and enhance sustainable competitiveness for its brands Vauxhall and Opel.

Vauxhall employs some 4,500 people at its plants in Ellesmere Port (Cheshire) and Luton (Bedfordshire) – image courtesy of Pixabay. All PACE! initiatives will contribute to the goals of generating a positive operational free cash flow as well as a recurring operating margin for the auto division of 2% in a…

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