Opel May Phase Out Szentgotthárd Factory

  • 20 Nov 2020 8:10 AM
  • Hungary Around the Clock
Opel May Phase Out Szentgotthárd Factory
PSA has stopped developing petrol engines, chairman and CEO Carlos Tavares of the French car maker announced at the Reuters Automotive Summit conference.

The announcement is not good news for factories which make exclusively internal combustion engines, such as the Opel factory owned by the PSA group in Szentgotthárd.

In effect, the announcement means a slow death sentence, Magyar Nemzet writes.

Because of the launch of the Euro7 standard, which comes into force in 2025, traditional engine manufacturers have only a few years to go.

The Szentgotthárd factory became part of the PSA group in 2017.

It has been producing 1,200cm3 petrol engines since January. The factory’s an annual capacity is 350,000.

MTI Photo: György Varga

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