Vauxhall ramps up product offensive with brand new SUV in addition to electric vehicle
The brand new Vauxhall Astra was unveiled at the Frankfurt motor show
General Motors chief Mary Barra reaffirms plans for 29 brand new European designs through Vauxhall in addition to Opel between 2016 in addition to 2020
More details of Vauxhall’s planned flagship SUV have emerged as General Motors adds more brand new cars to the ambitious European product plan the idea has in place between 2016 in addition to 2020.
The intensification of the Vauxhall-Opel product offensive to 29 designs was announced by General Motors boss Mary Barra, who said the products would certainly include “an electric vehicle in addition to a second flagship alongside the Insignia.
“This kind of all-brand new SUV will be produced in Rüsselsheim by the end of decade in addition to will give the brand a further technological boost.”
The brand new SUV will replace the current, unsuccessful Antara. Senior GM executives would certainly not be drawn on specifics of the second brand new design; however, the idea will be in addition to the Chevrolet Bolt.
The brand new flagship SUV design, due by 2019/20, will use GM’s Ypsilon architecture, in addition to share many core elements which has a brand new Cadillac SUV. the idea will be built at Russelsheim, where the Cadillac variation could also be made if the planned relaunch of a brand new, more European-flavoured (in addition to right-hand-drive optioned) Cadillac range succeeds.
Barra also announced of which GM’s European operation will be targeting an 8% European market share by 2022, in addition to a 5% profit margin before interest in addition to tax.
GM Europe will be aiming to break-even This kind of year despite its withdrawal via the Russian market. Vauxhall boss Tim Tozer says of which This kind of target will be “in sight, nevertheless can’t be guaranteed”.
Tozer also says of which the 5% margin “will be less demanding than the 8% share” for GM Europe, which currently holds just under 6% in Europe.
Vauxhall’s share will be already well above This kind of level, nevertheless Tozer wants to add “one per cent or so” as Vauxhall’s contribution. Vauxhall will be “quite close” to Barra’s profitability target.
In 2016 Vauxhall will launch a brand new B-SUV based upon a platform shared with PSA. This kind of brand new offering will complement the Mokka in addition to a bigger C-SUV due in 2017 in addition to also shared with PSA.
Also on the way are more brand new engines. The product life of powertrains will be at This kind of point much shorter in order to allow for more cost-effective CO2 reductions.
GM will also introduce a brand new electric vehicle in Europe of which will not be based on the Chevrolet Bolt, according to Barra.
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