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Opel Relies on Crossovers to Return to Profit


Opel will target crossovers, part of its return to profit strategy and to boost sales. "We will move more into crossover segments in general, because that’s where customers are going," said Opel CEO Karl-Thomas Neumann. No official information was given regarding Opel's plan to introduce a large crossover as a flagship model, expected to go into production in 2017. According to German ...
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More Opel articles

GM’s European Unit Opel Might Break Even Before the 2016 Target
It seems that Opel, GM's European unit, might break even before its previous target date, which is 2016. Opel might take advantage of GM's fallout from the massive recall which is ...
Opel halved loses per car according to study
A study conducted by the Center for Automotive Research (CAR) at the University of Duisburg-Essen recently concluded that although GM’s European unit still loses money on each vehicle built – ...
Report: Opel plans an electric car
While the European subsidiary of GM already has a hybrid in place – the Ampera, to meet the ever more stringent pollution requirements, it has been reported that Opel also ...
[VIDEO] Opel Astra Copacabana goes official on April Fools’ Day
Opel has rolled out the first video, images and details on the new so-called Astra Copacabana, just in time for this year’s April Fools’ Day. If you care to attend the ...
Opel to end sales in China after failing to gain traction
General Motors Co.’s Opel unit, on Friday has announced it will stop selling cars in the Chinese market – and will focus more on Europe. The automaker will stop all exports ...
Opel invests 245 Million Euros in Ruesselsheim; Will build Buick vehicles for the US
General Motors unit Opel on Friday announced it will invest 245 million euros in Ruesselsheim, Germany to build new Buick vehicles for the United States. The automaker declined to give further details ...
[VIDEO] Opel announcing Adam VR | 46 for Italy
Opel has recently announced its plans to offer a limited edition of the Adam, called the Adam VR | 46, which will become available exclusively in Italy. The German based automaker ...
Opel: plant closure in Bochum will cost more than 500 mln euros
In just nine month, German carmaker Opel will close its Bochum factory, a move that is expected to cost more than 500 million Euros according to experts. The plant closure will ...
Opel gets 200,000 orders for the Mokka model
The German carmaker Opel AG, on Thursday said it has received 200,000 orders across Europe for the Opel Mokka subcompact SUV - 18 months after the car was made available ...



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