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=== 2017–present === In March 2017, the [[PSA Group]] agreed to buy Opel, its British sister brand [[Vauxhall Motors|Vauxhall]] and their European auto lending business from [[General Motors]] for {{US$}}2.2 billion.<ref name="BloombergDWelch">{{cite news|last1=Frost |first1=Lawrence |last2=Taylor |first2=Edward |title=PSA targets Opel turnaround as GM exits Europe |url= https://www.reuters.com/article/us-opel-m-a-psa-idUSKBN16D0J1 |access-date=10 March 2017 |work=Reuters |date=6 March 2017}}</ref><ref>{{cite news|last1=Welch |first1=David |title=GM to Make Pension Payments for Years Just to Get Out of Europe |url= https://www.bloomberg.com/news/articles/2017-03-06/gm-hangs-onto-years-of-pension-payouts-to-end-europe-cash-burn |access-date=25 March 2017 |agency=Bloomberg |date=6 March 2017}}</ref> In return, General Motors will pay PSA US$3.2 billion for future European pension obligations and keep managing US$9.8 billion worth of plans for existing retirees. Furthermore, GM is responsible for paying about US$400 million annually for 15 years to fund the existing pension plans in Great Britain and Germany.<ref name="BloombergDWelch" /> In June 2017, Michael Lohscheller, Opel's chief financial officer, replaced Karl-Thomas Neumann as CEO.<ref>{{cite web| url = http://media.opel.com/media/intl/en/opel/home.detail.html/content/Pages/news/intl/en/2017/opel/06-12-m-lohscheller-new-opel-chef.html?sf87657525=1| title = Michael Lohscheller Appointed New CEO of Opel, media.opel.com, 12 June 2017}}</ref> The acquisition of Opel and Vauxhall was completed in August 2017.<ref name="PSA-Subsidiary">{{cite web | url=https://www.autocar.co.uk/car-news/industry/vauxhall-PSA-Group-takeover | title=PSA Group purchase of Opel and Vauxhall completed with new financial company | website=www.autocar.co.uk | date=August 1, 2017 | accessdate=August 29, 2019 }}</ref> In the 2018 financial year, Opel achieved an operating income of €859 million. It was the first positive income since 1999.<ref>{{cite web|url=https://www.groupe-psa.com/en/document/rapport-annuel-2018|title=2018 Annual Results – PSA Groupe|archive-url=https://web.archive.org/web/20190810124245/https://www.groupe-psa.com/content/uploads/2019/02/Annual-results-Groupe-PSA-2018.pdf|archive-date=August 10, 2019}}</ref><ref>{{Cite news|url=http://www.spiegel.de/wirtschaft/unternehmen/opel-verbucht-ersten-operativen-gewinn-seit-20-jahren-a-1255123.html|title=Nach Dauerkrise: Opel verbucht ersten Gewinn seit fast 20 Jahren|date=2019-02-26|work=Spiegel Online|access-date=2019-02-26}}</ref> On 16 January 2021, Opel became part of [[Stellantis]] following the merger of its parent company [[PSA Group]] with the Italian-American group [[Fiat Chrysler Automobiles]]. In September 2021, Stellantis appointed Uwe Hochgeschurtz to Opel's management<ref>{{cite press release|url= https://www.stellantis.com/en/news/press-releases/2021/july/uwe-hochgeschurtz-will-join-opel-as-new-brand-ceo-on-september-1st |title= Uwe Hochgeschurtz will join Opel as new brand CEO on September 1st |website=stellantis.com |access-date=2021-07-13}}</ref> to replace Michael Lohscheller who left to [[Vinfast]].<ref>{{cite web|url= https://www.whichcar.com.au/news/vinfast-ceo-michael-lohscheller-opel |title= Opel boss Michael Lohscheller to join VinFast as new CEO |work=Wheels Magazine Australia |date= 29 July 2021 |access-date=2021-07-29}}</ref>
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