Stellantis’ German brand Opel will invest more than \u20ac1 billion in Germany by 2030 and produce the next generation of its best-selling Astra compact car at the subsidiary’s Ruesselsheim plant, the company has said.<\/p>\n
The carmaker plans at least four new models by the end of the decade, including successors to the Astra and Corsa and a new compact SUV developed with Chinese partner Leapmotor, a statement said.<\/p>\n
Opel will also continue to invest in existing models in its portfolio, it added.<\/p>\n
“The investment into the production of the next Astra generation in Ruesselsheim underlines the focus of Stellantis on Germany and the importance of Opel,” Stellantis Europe chief Emanuele Cappellano said.<\/p>\n
Accounting for some 30% of total car sales in Europe, the compact segment is a key part of Stellantis’ European strategy, he added.<\/p>\n
Both the future Astra and Corsa models will be based on Stellantis’ One platform, designed to underpin a new range of electrified vehicles across the group, whose brands also include Fiat, Peugeot and Jeep.<\/p>\n
Last month, Stellantis set out a \u20ac60 billion strategic overhaul, including production partnerships with Chinese groups Leapmotor and Dongfeng.<\/p>\n","protected":false},"excerpt":{"rendered":"Stellantis’ German brand Opel will invest more than \u20ac1 billion in Germany by 2030 and produce the next…\n","protected":false},"author":2,"featured_media":492045,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,61,60],"class_list":["post-492044","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/492044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=492044"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/492044\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/492045"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=492044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=492044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=492044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}