Opel, the German carmaker owned by General Motors plans to boost its sales volumes in China from 5, 000 cars last year to 30, 000 in 2012.
Thirty thousand Opel cars in one year would represent just over a tenth of the volume GM sold in China in April alone.
“Last year we sold around 5,000 cars there. We want to improve that step by step to ten, twenty or thirty thousand,” Karl-Friedrich Stracke said in an interview with Handelsblatt.
“We also have Australia in our sights, where we want to begin with sales in the fourth quarter.”
In addition, the German carmaker plans to reach a double-digit market share in Germany – a level last seen in 2005.
Although in 2011 Opel sold the majority of its cars in Germany, and won two of the last four European Car of the Year awards with the Insignia and Ampera, the company still saw its share reaching record lows.
Opel is now in the situation of cutting thousands of jobs and even closing plants. But the company will present a long-term business plan on June 28th that will hopefully help avoid closing its Bochum manufacturing plant in Germany.
German Economy Minister Philipp Roesler is putting pressure on General Motors Co. (GM) to clarify its plans for its Adam Opel GmbH unit, Der Spiegel magazine reported, citing an interview.
But Roesler’s request to meet GM management on a trip to the U.S. this month has gone unanswered, according to Spiegel. “This unworthy theater has to stop now — Opel’s workforce needs clarity,” Roesler is cited as saying.
Sales of passenger vehicles in China increased by 16.6 percent year-on-year in May, reaching their second-highest point in 17 months and reaffirming analysts’ confidence that the industry is recovering.
General Motors (the company that owns Opel), the largest foreign automaker in China, reported it sold 231,183 vehicles in the country in May. That number was up 21.3 percent from the same month last year and 1.7 percent from April of this year.