Before being purchased by the PSA Group, Opel knew it was facing very serious problems. Among them, its annual operating losses of nearly 1 billion euros, but also its inability to meet EU CO2 emissions reduction targets, which would have meant massive fines.

Now, two years later, Opel is both profitable and has a clear plan on how to meet its emissions targets, said the company’s CEO Michael Lohscheller in an interview with Autonews Europe.

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Freed From The Stifling Control Of General Motors, Opel Is Now Flourishing

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