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Opel suspends planned China business expansion

Opel is putting its expansion into China, announced just over a year ago, on hold. In light of the current challenges for the automotive industry, it was more important than ever for Opel to focus on clear priorities, the company said on Friday in response to a query. “Against this background and considering the volume required to make a real impact, Opel is currently on hold on plans to enter the Chinese market.” However, the German automaker, which is part of the Italian-American Stellantis Group, added that it was still preparing to enter new markets that promise good profitability even with smaller volumes.

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