GM’s Opel to produce new convertible in Europe image

General Motors Co.’s European unit Opel says it plans to produce a new convertible model starting in 2013 as part of its turnaround drive.

The new Cabrio is part of the company’s €11 billion investment pledge announced approximately one year ago as part of its plan for the future.

The automaker did not make any reference on what is the name it will be using for the open-top (the single most likely candidate to get its roof chopped off is the Astra, but the cabrio will likely not be wearing this name), but it did provide some very limited details regarding the vehicle.

“The new Convertible will be a great addition to our product lineup,” said Vauxhall boss Nick Reilly. “It follows the long-standing tradition of highly emotional and legendary Opel/Vauxhall Cabrios that provided important halo effects on our brand. With its sleek and elegant design, our new Convertible will fully deliver on that same promise.”

GM nearly sold a majority stake in its European operations in 2009, but subsequently decided to hold onto and restructure Opel and sister brand Vauxhall. Its European business has yet to return to profitability.

Further details, such as vehicle naming, pricing and equipment, will be announced closer to the launch timing.