Opel is once again profitable


#1

… after just one year of ownership by Peugeot/Citroen.
When you consider that GM wasn’t able to wring even 2 cents of profit out of their Opel division for almost 20 years, I think that Opel’s new French ownership/management is quite impressive.

https://www.bloomberg.com/news/articles/2018-08-29/the-stunning-one-year-turnaround-of-gm-s-german-castoff


#2

Or GM’s financial and management burdens were quite oppressive ! :smile: Good for Opel and Vauxhall.

GM divisions sold off have done pretty well. Except Delphi - Too large and too much GM inbreeding for Delphi to be successful!