GM to develop and build most future Opel products on its own

Article by Anita Panait, on October 29, 2013

General Motors may be able to post a turnaround in Europe, not due to its partnership with PSA/Peugeot Citroen, but due to its product offerings in the region. The US carmaker has already lost over $18 billion in Europe over the past 13 years. That confidence for a turnaround is based on GM’s current program to overhaul and consolidate its global vehicle platforms, according to GM executives and suppliers familiar with the carmaker’s plans.

The program will allow GM to develop and build almost all future Opel vehicles on its own. PSA recently disclosed that the carmakers were scaling back an alliance announced in early 2012, with GM possibly withdrawing from a program to build its next-generation Opel Corsa on a shared PSA platform. GM, however, said that the planned replacements for Opel Meriva and Zafira due in 2017 would remain on jointly developed PSA platforms.

Guggenheim Securities analyst Matthew Stover remarked that PSA-GM alliance was "a head-scratcher," and “made no sense” for the US carmaker. In September, GM executives privately confirmed that a substantially revamped Corsa would be launched in Europe in late 2014.

The Corsa replacement due in late 2018 was supposed to be underpinned by a new PSA-designed platform designated EMP1, sharing it with the next-generation Peugeot 208 and Citroen C3. Now it seems that the Corsa will be underpinned by a version of GM's own small-car platform -- Global Gamma or G2XX -- the supplier sources told Reuters. [source: Reuters]

Topics: gm, opel

If you liked the article, share on:

Comments

Recommended

Are you a big fan of legendary boxer Mike Tyson, the former heavyweight world champion? Or are you a big fan of the iconic Ferrari F50? Either way, you will...
by - February 24, 2017
It seems that AM-RB 001 hypercar is not the only vehicle project that Aston Martin and Red Bull Racing has gone into. This time, don’t expect something as outlandish as...
by - February 24, 2017
The year 2018 marks the golden anniversary of Subaru of America. Of course, the company will celebrate 50 years of being at the helm of the brand’s crusade in North...
by - February 24, 2017
During car crashes and accidents, there are times that its occupants can’t get out easily. There are times when the only way to get out of that situation is to...
by - February 23, 2017
Could this be a special version of Ferrari’s much acclaimed LaFerrari? No matter how we look at it, the patent images for this sports car from Ferrari indicate its striking...
by - February 23, 2017
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