Vauxhall has announced plans to boost profitability, as part of its new PACE! strategy. The plan extends to the end of 2020 and details the introduction of eight new or updated models.
Not included in that roster are replacements for either the Viva or the Adam hatches. Both will be phased out at the end of their final year of sale in 2019.
The new Corsa will be one of the first to come, to be launched in 2019. There is also an all-electric Corsa on the way, as well as a Grandland X PHEV plug-in hybrid. Order books for both will be open in mid-2019.
On a grander scale, Vauxhall aims to have four electrified vehicles on the road by the end of 2020. By 2024, Vauxhall wants to have an electric version of every single car in its portfolio on the market.
Due also is a replacement for the Mokka X which combined with the Hybrid Grandland X, is to highlight a renewed focus on SUVs for Vauxhall going forward. It hopes to increase its proportion of SUV sales from 25 to 40 percent by 2021.
The overall plan is to occupy 80 percent of volume segments, with a primary focus on up-to-date product in the relevant segments. Hence, the small-selling, unpopular Adam and Viva are being bumped off.
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