Stellantis Invests 130 Million Euros in Eisenach Factory

Stellantis Invests Million Euros in Eisenach Factory
Stellantis Invests 130 Million Euros in Eisenach Factory

Stellantis announced that it will invest over 130 million Euros in the Eisenach Factory in Germany. The plant, which still produces the compact SUV Opel Grandland, will produce the Battery Electric Vehicle (BEV) follower of the model, which will rise on the new STLA Medium platform with this additional investment. The new BEV model is scheduled to enter production in the second half of 2024. Adding a BEV to Eisenach's production program supports Opel's ambitions to have an all-electric range in Europe by 2028.

Arnaud Deboeuf, Stellantis Chief Production Officer, said: “As our most compact plant in Germany, Eisenach has made strong progress in quality improvements. “With Stellantis' new, full BEV platform STLA Medium, the Eisenach Factory's skilled workforce will continue to improve the cost and quality of the vehicles we manufacture to satisfy our customers.”

Opel CEO Florian Huettl said: “We have been producing high-quality vehicles in Thuringia for 31 years and are constantly improving our competitiveness. We will continue on this path with the electric follower of Opel Grandland. "This decision supports Opel's commitment to be an all-electric brand in Europe by 2028."

Xavier Chereau, Stellantis Opel Chairman of the Supervisory Board and Head of Human Resources and Transformation:

“Winning Together” is a core value for Stellantis and the investment statement for Eisenach demonstrates the importance we place on this core value. The focus of Eisenach managers and all employees on improving quality and costs is helping shape the future.”

“31. The factory, which has entered the year of 2030, takes on another important responsibility within the scope of Dare Forward XNUMX”

The Eisenach Factory, opened in September 1992 with the production of the Opel Astra, is located in Thuringia, Germany. The factory celebrated its 2022th anniversary in 30 with an Open Door event with the production of 3,7 million vehicles. The Eisenach investment represents an important step in meeting the commitments of the Dare Forward 2030 strategic plan. The strategic plan envisions significant emissions restrictions to halve CO2021 by 2030 compared to 2 and achieve a net 2038 carbon target by 0. Dare Forward 2030 strategic plan; It aims that all passenger car sales in Europe and half of passenger car and light commercial vehicle sales in the United States will be BEVs by the end of 10 years. It also aims to double net revenues by 2021 compared to 2030 and maintain double-digit adjusted operating income margins for 10 years. Apart from this, it also aims to rank first in customer satisfaction with its products and services in every market by 2030. Stellantis will invest more than €2025 billion by 30 in electrification and software to deliver BEVs that meet customer expectations.

“Opel Grandland and Grandland GSe are current models produced in Eisenach”

Taking the road from Eisenach, Opel Grandland stands out as one of the important players in the compact SUV segment. It inspires customers with its sporty, elegant, easy-to-use and innovative technologies. It offers a brand new cockpit experience with the fully digital Pure Panel. Grandland also distinguishes itself by being equipped with advanced technologies and auxiliary systems that customers previously only knew from higher vehicle classes. Adaptable IntelliLux LED® Pixel headlights with a total of 168 LED cells stand out as just one of these technologies. Night Vision technology actively warns the driver by detecting pedestrians and animals up to 100 meters away in the dark. The Opel SUV proudly carries the brand's new face, the “Opel Visor”. Customers can choose between high-efficiency internal combustion engine and rechargeable hybrid versions. The top of the range is the sporty all-wheel drive Opel Grandland GSe.