Monday, 29 July 2019

All-New Opel Corsa Top in Aerodynamics: For Lower Emissions and Higher Efficiency

  • Model of aerodynamics: class-leading drag coefficient of only 0.29
  • Every detail counts: active aero shutter, smooth underbody, rear roof spoiler
  • Energy saver: efficient aerodynamics cut drag, fuel consumption, emissions
  • IAA world premiere: Frankfurt Motor Show debut for all-new Opel Corsa

As with all other newly developed cars Opel optimised Corsa’s aerodynamics at the Research Institute of Automotive Engineering and Vehicle Engines in the wind tunnel of Stuttgart University.

Opel Corsa has always been an innovation leader and the newest model (which makes its world premiere at the 2019 IAA Frankfurt International Motor Show) is no exception. This year’s IAA is open to trade visitors and the general public September 12-22, 2019.

Sixth generation of the small car from Rüsselsheim not only has more driver assistance systems than most of its rivals, it also has superior aerodynamics.

Result is drag coefficient of only 0.29 – compared to its predecessor further reduced frontal area of only 2.13 m2, making All-New Opel Corsa one of the most aerodynamic cars in its class.

As with all the other newly developed cars Opel optimised the Corsa’s aerodynamics at the Research Institute of Automotive Engineering and Vehicle Engines in the wind tunnel of Stuttgart University.

Low drag means that less energy is needed to move the car, which in turn results in reduced fuel consumption and lower emissions.
Result is a drag coefficient of only 0.29 – an excellent value for a car of this size – and compared to its predecessor a further reduced frontal area of only 2.13 m2, making the new Corsa one of the most aerodynamic cars in its class. Also, the new generation of Opel’s bestseller already meets the future Euro 6d emissions standard. 

“Aerodynamics is just one area where Opel is increasing the efficiency of its automobiles”, said Managing Director Engineering, Christian Müller.

“Aerodynamics is just one area where Opel is increasing the efficiency of its automobiles”, said Managing Director Engineering, Christian Müller. “Advanced petrol and diesel powertrains and state-of-the-art electrification are the other tools we are using to significantly cut fuel consumption and CO2 emissions. All these technologies are fully embraced by our new Corsa, which will also be available for the first time as the all-electric Corsa-e.” 

Due to the challenges posed by CO2 reduction, perfect aerodynamics are gaining great importance in the automotive industry as well as among customers. Low drag means that less energy is needed to move the car, which in turn results in reduced fuel consumption and lower emissions.

All-new Opel Corsa also features spoiler at the rear edge of the roof, which improves the airflow and reduces the turbulence that causes drag.

For example, a ten per cent cut in drag results in a fuel consumption reduction of around two per cent in the New European Driving Cycle (NEDC), or up to five per cent when driving at 130 km/h.

Opel’s engineers achieved this leading drag factor of 0.29 Cd by paying attention to every detail that helps improve the new Corsa’s aerodynamics.

For example, the underbody from the engine compartment to the rear axle is covered with flat panelling to improve the underbody airflow.

All-new Opel Corsa also features a spoiler at the rear edge of the roof, which improves the airflow and reduces the turbulence that causes drag.

Spoiler cuts aerodynamic lift on the rear axle too, which further improves the new Opel Corsa’s straight-line stability, especially at the higher speeds typical of the German autobahn.

Revolutionary in small cars: Active shutter improves aerodynamic efficiency

All-new Corsa also benefits from an active shutter which lowers drag and improves fuel efficiency by automatically closing the frontal opening when cooling air is least needed. So far this innovation has just been featured in much more expensive cars from higher segments.

When closed, the shutter system enhances aero performance by redirecting airflow around the front of the vehicle and down the sides, rather than through the less aero efficient engine compartment. 

The shutter is open or closed depending on engine coolant temperature and speed. For example, the shutter opens when the car is traveling up a hill or in hot city driving. Shutter closes when less engine cooling is required, for example at urban-road speeds.

Sixth generation of Opel’s bestselling small car is not the first aerodynamically optimised Corsa to make its debut at the IAA. At the 1995 Frankfurt show, Opel surprised the industry with an engineering study based on the Corsa for a so-called “three litre car”, i.e. it was designed to return an average fuel consumption of less than 3.5 litres per 100 kilometres.

Opel Corsa ECO 3 concept

Opel Corsa ECO 3 featured, among others, a roof spoiler derived from the GSi, spoilers ahead of the front wheels and flared rocker mouldings in front of the rear wheels.

Opel Corsa ECO 3 concept: roof spoiler derived from GSi, spoilers ahead of the front wheels and flared rocker mouldings in front of the rear wheels. 

Result of all the streamlining was a particularly low drag coefficient for a small three-door hatchback - only 0.29 Cd. Twenty-four years later a series production car has achieved the same excellent result: All-New Opel Corsa.

Friday, 26 July 2019

New importer: Opel strengthens business in Israel

  • Fresh start: Lubinski Group has taken over as importer
  • Lubinski successfully sells Peugeot, Citroën and DS Automobiles vehicles in Israel
  • Profitable sales growth outside Europe important pillar of PACE! plan

Opel sold some 3,000 vehicles in Israel in 2018. Top-sellers are the SUVs Opel Crossland X and Opel Grandland X 

Fresh start for Opel in Israel: The company has just started a new partnership with the renowned sales partner Lubinski Group. From now on, Lubinski will import and sell the vehicles of the German carmaker on the Israeli market. The importer already has a long and successful tradition as sales partner of the other Groupe PSA brands Peugeot, Citroën and DS Automobiles in Israel. Going forward, the new set-up will strengthen Opel’s position in this important market in the Middle East considerably.

“We have taken a further important step that will aid our growth outside of Europe by teaming up with Lubinski, a highly professional partner with a long experience in the market known for its outstanding customer services,” said Bill Mott, Director International Operations, Opel Automobile GmbH. “We are confident that our brand will perform even better in Israel with this new set-up.”

Opel sold some 3,000 vehicles in Israel in 2018. Top-sellers are the SUVs Crossland X and Grandland X and with the new importer, Opel is aiming to grow profitably going forward.

Increasing profitable sales significantly in export markets outside of Europe is one of the key pillars of the PACE! plan. Opel targets doubling overseas sales by 2020. The goal is to generate 10 percent of the Opel sales volume outside of Europe by the mid-2020s. To reach this, the brand is further strengthening its presence in the export markets in Asia, Africa and South America where it is already present today. It will also enter more than 20 new export markets by 2022 – including the comeback in Russia this year still. 

Wednesday, 24 July 2019

Groupe PSA achieves strong profitability in H1 2019

  • €38.3 billion Group revenue
  • 8.7% Automotive division [1] recurring operating margin [2]
  • 8.7% Group recurring operating margin
  • €1.599 billion Group [3] free cash flow [4] including the acquisition of Clarion by Faurecia
  • €2.287 billion Automotive division free cash flow



Carlos Tavares, Chairman of Groupe PSA Managing Board said: “Thanks to our focus on our strategic plan execution, we have delivered strong Free Cash Flow and Recurring Operating Margin in H1. We are ready for electrification and to embrace the next technological challenges. Our agility and aligned management team remain key assets to reach the targets of the Push to Pass plan.”

Group revenue amounted to €38,340 million in the first half of 2019, down by 0.7% compared to 2018 H1. Automotive division revenue amounted to €30,378 million down by 1.1% versus 2018 H1, mainly driven by product mix (+2.9%) and price (+1.3%), which partially offset the decrease of sales to partners (-2.2%), the negative impact of exchange rates (-0.8%), volumes and country mix (-1.4%) as well as others (-0.9%).


Group recurring operating income amounted to €3,338 million, up 10.6% with Automotive recurring operating income up 12.6% at €2,657 million. This 8.7% strong profitability level was reached thanks to a positive product mix and further cost reductions, despite exchange rate headwinds.

Group recurring operating margin reached 8.7%, up 0.9 pt versus 2018 H1.

Group non-recurring operating income and expenses amounted to -€847 million, compared to -€750 million in 2018 H1.

Group net financial expenses decreased to -€166 million compared to -€218 million in 2018 H1.

Consolidated net income reached €2,048 million, an increase of €335 million compared to 2018 H1. Net income, Group share, reached €1,832 million, up €351 million compared to 2018 H1.

Banque PSA Finance reported recurring operating income of €513 million[5], up 0.6%.

Faurecia recurring operating income was €634 million, down 1.2%.

The free cash flow of manufacturing and sales companies was €1,599 million of which €2,287 million for the Automotive division.

Total inventory, including independent dealers and importers [6], stood at 659,000 vehicles at 30 June 2019, at the same level as 30 June 2018.

The net financial position of manufacturing and sales companies was €7,906 million at 30 June 2019 after IFRS 16 effect and Clarion acquisition by Faurecia.

Market outlook: in 2019, the Group anticipates a decrease by 1% of the automotive market in Europe, by 4% in Latin America and by 7% in China and growth of 3% in Russia.

Operational outlook:

Groupe PSA has set the target to deliver over 4.5% Automotive recurring operating margin [7] on average for the period 2019-2021.

[1] Automotive Division (PCDOV)

[2] Recurring operating income related to revenue

[3] Sales and manufacturing companies

[4] Free Cash Flow = Cash flow + restructuring + change in working capital requirement + capex and capitalized R&D

[5] 100% of the result of Banque PSA Finance. In the financial statements of Groupe PSA, joint ventures are consolidated using the equity method.

[6] Including Peugeot importers outside Europe

[7] Automotive Division (PCDOV) recurring operating income related to revenue