ople c.e.o. . presented opals new strategy for the future the good news is that no more workers are being fired at least not yet very important and i want to address this at the very beginning. to achieve our goals without plant closures and without force redundancy in europe thanks to strong improvement of competitiveness opel vauxhall has been making losses for nearly two decades and now aims to breakeven by twenty nineteen and then show profits the year later in its eighty eight year ownership of opel u.s. giant g.m. restricted the last play outside europe barring it from entering the lucrative chinese market that's about to change opel will be available in china and the us opals new profitability plan is called pace it calls for renegotiating salaries labor costs will be cut through flexible working time arrangements buyouts and early retirement furthermore opel plans on scrapping the existing g.m. technology and replacing it with p.s.a. technology by twenty twenty new production methods should