Gaetan Toulemonde from Deutsche Bank. A quick question on the raw material, you mentioned that a few times, but can you give us an idea about the headwind in online loans first half and what you expect for the full year, rough number. If you take the cinematic of the booking with Don, we still have a high amount in the balance sheet, which will slow in the next three years, but it will decrease steadily from 2018 onward. Yes, good morning and thanks for taking my questions. And maybe you can also tell us how your CO2 emissions developed in H1 given also that your mix is now more skewed towards SUVs.
And then I want the statement if you are still optimistic that with Opel together you can meet the CO2 target for 2021. Schneider for your questions. We are going to give you some indications in terms of the diesel mix, this is public information we are going to give it to you. The only thing I want online loans tell you is that the position of PSA in terms of diesel mix is less and less specific one for the company. So, please consider that this is not going to be a specificity of the PSA Group in Europe.
And I can tell you that the way our manufacturing people are adapting to this new world is absolutely outstanding.
So this is very demonstrative of the fact that we are now aligning with the rest of the market and this is online loans that we need to online loans able to recognize because our manufacturing people are doing extraordinary work to adapt the manufacturing tools and systems to this reality.
The market is lowering by 4 point and we are also lowering by 4 points. So this is not in the mind of some of online loans analysts, please consider this is not anymore a burden for the company, we are aligned with the market now and we will continue to scrutinize that. This is why I was showing you in the presentation that we are ramping up on the two dimensions.
And again, I believe that for the PSA Group having two major platforms in that multi energy possibility is a huge asset for the online loans because we can adapt most probably better than any other carmaker to the market conditions, so yes, for PSA I confirm that we are on track and for Opel, we can only talk about it after the closing. Yes, good morning gentlemen, Georges Dieng from Natixis. Two questions if I may, first on China. Well, a two-fold question, how and when do you intend to get back into positive numbers.
A more concrete question on the NEV quota system which nobody should get forced starting next year, how do you intent to cope with this very demanding quota system. The second question is, and directly related to Opel. Okay, let me answer the first two questions you mentioned and let Jean-Baptiste the one about the deferred tax question. In terms of China, you know that we are always very, very serious and we want to be very professional in the way we discussed with you.
And I want just to tell you that for the time being we are focused in making sure that we are changing the way we do business in China.
As I told you, representation there are different challenges, the one is to move from a push mode to a pull mode, this is a significant change in terms of sales policies and the way we interact with our dealers.
I think the understanding is there, now it has to be deployed through the organization that may take some time, so it is very difficult for me to tell you at which speed this is going to happen, but what we can say is that talking to you today with a 7. In terms of an NEV, we have a plan where we are going to use for the transient period products that will be shared with our partner with a specific Chinese brand and then those products will be replaced by Peugeot and Citroen products moving forward, so there is a continuum of product pipeline to support the NEV subsidies and make sure that we can benefit from this regulations to support our operations.
This is for the NEV, so normally we are on the on plan and we know what to do to face that reality. So we have another question from Philippe Houchois from Jefferies. Please go ahead sir. Actually I managed to ask the two questions that I had really on this call. Is that the correct reading of what GM did yesterday. Well, just I would like to tell you that the reason why there is so much work during this transition is of course because we need to take care of the way we are going to shift from a GM world to a PSA world.
After the closing this has been extensively discussed and prepared, of course looking at the way the deal has been structured, it has been structured in a way where there must be some interest on the GM side to make this work in a smooth and efficient way. And we are ready for day one to start doing whatever we need to payday loan online do to make this transition smooth and efficient. Smooth means we will respect everything we have agreed with GM and of course efficient means if we can accelerate the synergies we will.
Jean-Baptiste, you want to add something. Thank you for taking my question. Actually just one left from my side. Thanks for your question. The volume drop pace is being reduced and on the second quarter of 2017 the volume drop pace was significantly lower. Half the pace of the first quarter and that means that the counter measures that has been implemented starts to deliver some results. Now from here we cannot see precisely at which speed we are going to turnaround this situation, but we can see that the first counter measures with the Peugeot brand have been delivering some results, which means that we have confidence in the fact that at one point in time this situation will turnaround.
The Peugeot 4008 has been well received by the market. The Citroen C5 Aircross is going to be launched soon in the market, which means that we have not only operational changes to be implemented within the JV. No, no nothing more to add really. We want to guide on precise figures on BPCA in the one half, so we are in a reconstruction mode. We have good signs, so we will pursue that, but it will take time. Yes, sorry, we have another question from Stephen Reitman from Societie Generale.
I have two topics. And secondly a question about your pricing positioning in the vehicles and it relates to the Opel acquisition.
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