From platform sharing to a wider market reach, Peugeot and Opel laid out their plans for 2019 and beyond. Dubbed 'PACE', the merger aims to return Opel to profitability by 2020, and do 'one major launch' every year
Peugeot has begun their platforms to Opel when the deal was signed. The first Opel product to ride on the French architecture is the Grandland X, which is based on the 3008. By next year, the second Peugeot-Opel product that will roll out is the second-generation Peugeot 208 and the sixth-generation Opel Corsa. Both cars will use a CMP2 platform. That said, both Opel and Vauxhall are accelerating their switch to Peugeot platforms.
Electric and hybrid cars are also seen in the pipeline. Four electrified models, in both pure electric and hybrid guises, will debut by 2020. By 2024, they also aim to offer an all-electric option for all their cars. All new Opel/Vauxhall vehicles will be engineered in Rüsselsheim, which will be transformed into a 'global competence center' for the whole PSA Group. The PSA Group has also committed to protecting Opel and Vauxhall employees from lay-offs.
Furthermore, Opel will enter more than 20 new export markets by 2022. Some of these countries include China, Brazil, Argentina, Taiwan, Saudi Arabia. The mentioned markets are countries where Peugeots, Citroens or DS-branded cars are sold. Beyond that, Opel will explore global midterm overseas profitable export opportunities.