Neumann steps down at Opel

- Opel CEO Karl-Thomas Neumann has stepped down from his role just three months after the company, and its UK sister brand Vauxhall, were sold by General Motors to France’s PSA Group for $2.2 billion.

- Dr Neumann will retain his position as a member of the board of management until the closing of the sale to PSA, but will relinquish the CEO role that he has held since March 2013.

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