Gefco will handle the European logistics for GM’s European brands Opel, Vauxhall

Article by Christian Andrei, on July 4, 2012

General Motors Co. has entered a deal to move the biggest portion of its European logistics operations to a unit of PSA/Peugeot-Citroen, its alliance partner. In a joint statement last Monday, the two companies said that by next year, the transfer to PSA's Gefco unit will start. As a result, GM is able to focus on its core car business.

Vice Chairman Stephen Girsky said that this is the initial step in leveraging synergies from the wide-ranging alliance with PSA/Peugeot-Citroen. He added that this logistics deal will pave the way for GM to achieve efficiency improvements and cost savings.

The Gefco unit of PSA will manage the logistics for GM's European brands Opel and Vauxhall. It will also do the same for its global brands, Chevrolet and Cadillac, including in Russia. It would be tasked to supply the materials and parts that will be used in GM's manufacturing plants and parts distribution centers in Europe. It also has to handle the transport of vehicles from the plants to dealerships.

According to Opel CEO Karl-Friedrich Stracke, GM will make an announcement about the agreement sometime this month. They had been working on the deal since the alliance was first created.

In late February, GM and PSA said that they hoped the alliance would result to a minimum of $2 billion in annual savings shared equally between the two companies within approximately five years. They will share the tasks of joint purchasing and logistics. They will also jointly develop and produce vehicles and parts.

Topics: opel, gm, vauxhall

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Nikola Motor’s hydrogen-powered semi-trailer truck is highly appealing with its many advancements but don’t expect it to arrive in the near future. In November 2016, Toyota announced the possibility of...
by - December 5, 2016
Usually, it is up to resourceful spy photographers to take clear pictures of vehicle prototypes, especially those that have aroused a lot of interest. The same is true for Project...
by - December 5, 2016
The much-anticipated debut of the new Wrangler will surely happen. As it approaches, we’ve gathered all the latest information released so far. Of course, most are expecting that the next...
by - December 5, 2016
Nissan has announced the pricing for its new commercial pickup line. So for those who have been waiting for Nissan’s official price list (plus a little more info), read on… ...
by - December 5, 2016
Sorry folks, the AMG-fied Mercedes-Benz X-Class will remain in the fantasy world. According to some news, the AMG big boss has finally spoken up about why an AMG X-Class is...
by - December 5, 2016
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries