Opel's profit after nearly 20 years of losses: the first full year under the leadership of the PSA



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Opel and Vauxhall recorded a combined profit of 520 million euros in the first half of 2018, after nearly 20 years of losses. Both brands entered PSA last year

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The French Peugeot-Citroën Group publishes its financial results for the first six months of the year and the biggest surprise came from Opel-Vauxhall. Both brands purchased in 2017 recorded profits for the first time in almost 20 years.

According to PSA data, Opel and Vauxhall realized a cumulative profit of 502 million euros between January and June 2018 and a turnover of nearly 10 billion euros.

reached nearly 38.6 billion euros, or 40% more than in the first six months of 2017.

We recall that PSA sold about 2.18 million cars in the first six months of the year, 38% more than in the same period last year. The result was mainly obtained thanks to the group integration of the Opel and Vauxhall brands

Via PSA

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