General Motors’ Opel unit wants to overtake PSA/Peugeot-Citroen to become the second-largest carmaker in Europe by 2022, the European automaker’s CEO said.

“Why aim only for a turnaround by 2016 if we can go further and say we want to be number two in Europe by 2022,” Karl-Thomas Neumann said at the Geneva auto show, adding that 2014 would be a difficult year, burdened by the cost of closing a factory in Bochum, Germany.