GM Executives aren't showing any signs of worry for Buick after the sale of Opel
There are still a lot of unanswered questions concerning the sale of Opel/Vauxhall to PSA Groupe. A fair number deals with Buick as a number of their products (including the new Regal) are intertwined with Opel. GM executives say this will not affect Buick's lineup down the road.
“The sale of Opel will have no impact on the fresh new lineup Buick is building out,” said Duncan Aldred, GM’s vice president of global Buick and GMC during the launch of the 2018 Regal this week.
“This is very much part of our portfolio plan,” said Mark Reuss, GM’s executive vice president of global product development, purchasing, and supply chain to Car and Driver. “As we said, Opel and the engineering/production piece of this is very much intact for all of our global platforms. So, you know, no impact.”
While the deal isn't fully finished yet, Reuss claimed that issues relating to products would be settled before the final transfer takes place. Reuss said he didn't know "of a specific agreement" when asked about if GM would pay PSA Group for engineering work done by Opel.
In related news, Automotive News Europe reports that Opel would continue to build Buick vehicles beyond 2019 in its German factories.
Source: Automotive News Europe (Subscription Required), Car and Driver
Recommended Comments
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.