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    William Maley

    What's In Store for Opel After PSA Group Sale

      Opel's CEO talks about what's in store for the future

    One of the big questions facing the sale of Opel to PSA Group is what will happen in the future. Opel CEO Karl-Thomas Neumann spilled some of the beans in an interview with German magazine Auto Motor und Sport.

    Neumann will remain the CEO of Opel, but tells the magazine that he will work closely with PSA's CEO Carlos Tavares.

    "It is important for me to stand before employees and show leadership. I have done this in the past and will continue to do so," said Neumann.

    "I think we have great respect for each other. That is why I see a good foundation for continued cooperation," the magazine quoted Neumann as saying.

    Opel will also have its own leadership, and the ability to design and develop its own cars. The only difference is that it will be using platforms from PSA. Neumann says it will take several years for the brand to transition from GM to PSA platforms.

    The main priority is to get Opel profitable once again. This will be accomplished by deepening cooperation with PSA and lowering development costs. Opel is also planning their largest product offensive with 7 new models being launched in the near future. They include a new SUV that will serve as the second flagship model alongside the new Insignia and new electric models. Neumann declined to comment on a report he was planning to make Opel an electric-vehicle only brand.

    Interestingly, Neumann revealed that he was very skeptical about introducing Opel into the Chinese marketplace.

    "This is a complete misunderstanding of the situation. PSA has long since ceased to be sick, but has recovered very strongly and just presented a super result for 2016. And we are clearly on the road to recovery. From a strong and a well-being, two might now become strong."

    Source: Auto Motor und Sport

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    I still don't see the benefit to PSA. They now have 3 mainstream brands. No economy brands. No Luxury brands. No presence in the US. Miniscule presence in Asia. Opel's presence was through Buick and Holden which are both now cut off.  Without GM behind them, I don't see the point of Opel in the global marketplace as part of PSA.

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    I don't see how opel can hold market share or make more profits. 

    Psa has good design chops but Drew more or less summed up theIr irrelevance in the global auto arms race. 

    But this really underscores gm's inability to obtain a global force in Europe, despite decades 

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      Press Release is on Page 2


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      Jim Hackett, who has led Ford Motor Company’s transformation since 2017 as president and CEO, has elected to retire from the company Jim Farley, currently chief operating officer, becomes president and CEO of Ford effective Oct. 1. He was also elected to the Ford board of directors. He will work closely with Jim Hackett on the transition over the next two months Seamless CEO transition underscores strength of Ford’s leadership team, succession planning, and company progress over the past three years, Executive Chairman Bill Ford says DEARBORN, Mich., Aug. 4, 2020 – Ford Motor Company today announced that Jim Hackett, who has led the company’s transformation since 2017, plans to retire from the company. Jim Farley has been named the company’s new president and CEO and will join the board of directors, effective Oct. 1.
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      Farley, an automotive leader with deep global experience and a successful track record, collaborated with Hackett over the past three years to develop and execute Ford’s Creating Tomorrow Together plan to transform Ford into a higher-growth, higher-margin business.
      “Jim Farley matches an innate feel for cars and customers with great instincts for the future and the new technologies that are changing our industry,” Bill Ford said. “Jim’s passion for great vehicles and his intense drive for results are well known, and I have also seen him develop into a transformational leader with the determination and foresight to help Ford thrive into the future.”
      Farley joined Ford in 2007 as global head of Marketing and Sales and went on to lead Lincoln, Ford South America, Ford of Europe and all Ford global markets in successive roles. In April 2019, Farley was chosen to lead Ford’s New Businesses, Technology & Strategy team, helping the company determine how to capitalize on powerful forces reshaping the industry – such as software platforms, connectivity, AI, automation and new forms of propulsion. He was named chief operating officer in February of this year.
      Hackett, who will continue as a special advisor to Ford through March of 2021, said the time is right to pass the mantle of leadership to Jim Farley.
      “My goal when I took on the CEO role was to prepare Ford to win in the future,” Hackett said. “The hardest thing for a proud, long-lived company to do is change to meet the challenges of the world it’s entering rather than the world it has known. I’m very proud of how far we have come in creating a modern Ford and I am very optimistic about the future.
      “I have worked side-by-side with Jim Farley for the past three years and have the greatest confidence in him as a person and a leader,” Hackett said. “He has been instrumental in crafting our new product portfolio and redesigning our businesses around the world. He is also a change agent with a deep understanding of how to lead Ford in this new era defined by smart vehicles in a smart world.”
      Said Farley: “I love Ford and I am honored by the opportunity to serve and create value for Ford’s employees, customers, dealers, communities and all of our stakeholders. Jim Hackett has laid the foundation for a really vibrant future and we have made tremendous progress in the past three years. I am so excited to work together with the whole Ford team to realize the full potential of this great company in a new era.”

      View full article
  • Posts

    • ^ Not sure it's that specific; on the Silverado/Sierra, the active safety features package is optional, and costs $890. I do think electronics in general are responsible for most of the recent price escalations. I can easily see calling claims of 'BE's are going to cost the same or less than ICs' as "misinformation".   
    • Yeah, that's probably true for most vehicles.  The big GM (and probably Ford and Chrysler) V8s are probably the exceptions as they just loaf along at 1500 RPM at 65 and dropping below that would lug them.  This BMW doesn't mind being lugged... just twist and go. 
    • I'm a very easy driving person so I have thought every vehicle I've ever driven could use a little taller top gear... If I'm just cruising, I don't need many RPM. I'll downshift(or it'll do it for me) to pass if I really need to. 
    • I'm still being very gentle on it as I'm getting comfortable with it, but yeah, it's just like that.  I've read reviews where the reviewer wishes 6th gear was a bit taller, but I haven't been at 6th gear speed long enough to comment on that yet.  I'm just doing all back roads to work and back, and haven't gotten it over 60mph yet. Still pretty nervous. 
    • I rode a buddy's Aprilia Tuono 1000(1000cc Vtwin naked sport bike, if you didn't know the bike) and it felt that same exact way. It was awesome. You could almost live with it being a 3spd transmission as the torque EASILY pulls through at any gear and any speed(reasonable - I didn't get crazy on a buddy's bike).  After having my inline 3 in my Daytona, I would NEVER want an inline 4. They have nothing under like 10,000rpm. 
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