Opel will start producing in October the new Corsa in Figueruelas (Zaragoza)

Opel will start producing in October the new Corsa in Figueruelas (Zaragoza)

The German brand Opel, belonging to the PSA Group, will start producing in October at the Figueruelas plant (Zaragoza) the first units of the new generation of the Corsa in its versions of diesel and gasoline combustion.

This was announced Thursday by the president and CEO of Opel, Michael Lohscheller, during a meeting with the press, which also detailed that the first images of this model in its electric version will be announced on June 4 .

The production of the electric Corsa, which will also leave the Figueruelas plant, is scheduled to begin in the first half of 2020.

The Corsa model is the best seller of the brand -as detailed by Lohscheller, more than 4 million units have been delivered in 36 years-, and is "very important" for Opel both in terms of volume and technology and innovation.

In fact, as underlined by the person responsible for the brand, Opel's objective is to offer electric mobility to as many users as possible.

"The Opel Corsa symbolizes this objective and will offer innovation for all," said Lohscheller during the round table.

Opel also produces the Crossland X at its plant in Figueruelas and the new Combo is manufactured at the PSA plant in Vigo, three "very important" models in the range.

The manager stressed that Opel had in 2018 an "outstanding result" and its greatest annual benefit since 1999, thanks to a "strict cost management, but also an improvement in revenues" and an adjustment of all its business areas, in addition have reduced their costs by 27%.

Opel sold 1,038,057 units worldwide and obtained an operating profit of 859 million euros compared to the losses recorded in the previous 18 years.

In his opinion, the strategic plan PACE! It is working very well and will be the one that allows the brand to become a "sustainable and electric global manufacturer".

The responsible has advanced that the strategy of the brand will continue to optimize costs and increase the profit margin and profitability, without this suppose having to increase its market share, since it is "all a question of the quality of the margins" .

Lohscheller highlighted the importance of Spain, where the PSA Group plans to invest around 250 million euros in its center in Figueruelas.

"We will continue to invest in the future in our products and in plants in Spain," he said, while emphasizing that the brand will re-enter the Russian market.


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