Michael Lohscheller has taken a pioneering step towards securing the long term & sustainable future of Opel/Vauxhall. I hope we see more innovative strategies from CEO’s across the automotive industry as the tide truly turns electric. Opel’s desire to be an industry pacesetter and establish themselves as a European CO2 Leader will benefit all. This move will give Opel a solid platform to; strengthen their brand, increase sales, explore new export markets and maintain all their current production plants. The company is looking to refrain from forced redundancies however any major sustainability shift will always couple with challenges. With the necessary reduction of labour costs, streamlining of passenger car platforms from 9 to 2 & the powertrain families being optimised from the current 10 to 4, Opel/ Vauxhall will look to thoughtfully reshape their work force. Overall company profitability will rise as all actions contribute towards a lower financial break-even point. This results in a profitable & sustainable business model moving forward. I hope we see more innovation like this across the Automotive Industry, time is of the essence & companies must put plans into action now to sustain their future at the top. The only use of an obstacle is to be overcome. We are very proud to be working with some of the leading E-mobility companies to recruit the top talent they need to drive the e-mobility sector forward. Our clients operate across the e-mobility supply chain, from vehicles to batteries to Electrical Vehicle charging infrastructure.
“PACE! will unleash our full potential. This plan is paramount for the company, to protect our employees against headwinds and turn Opel/Vauxhall into a sustainable, profitable, electrified, and global company. Our future will be secured and we will contribute with German excellence to the Groupe PSA development. The implementation has already started with all teams eager to achieve the objectives,” said Opel CEO Michael Lohscheller.