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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 estimated to make the automaker lose $1.3 billion. GM's European unit has been reporting declining sales and heavy losses over the years, becoming theUSautomaker's biggest headache. GM decided to bring ...
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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 ...
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 ...
Buick Adam taken into consideration
General Motors is currently considering producing a Buick version of the Opel Adam, which will be aimed towards the North American continent. The announcement hasn’t been made official just yet but ...
New Opel engine announced, will debut on the Astra in Geneva
Opel has recently announced its plans to introduce a new engine during the 2014 Geneva Motor Show, next month, which will debut on the Astra. According to the German based automaker, ...
Opel guarantees jobs at three German plants
Following an accord that includes a job protection guarantee until 2018, GM’s European unit Opel has announced it had signed a new agreement with employees at its German factories in ...
Vauxhall introducing Adam Black and White Edition
Vauxhall has recently introduced a special edition of the Adam, which is adding some interesting items to the urban cruiser. The new Vauxhall Adam Black and White Edition is available, just ...
City car boosts Opel’s European market share
General Motors brands Opel and Vauxhall increased their market share in Europe in 2013, as sales of the new Adam city car helped counter a declining auto market. Opel has struggled ...
Report – Opel’s sales growth enough to avoid cuts
Chief Executive Karl-Thomas Neumann told newspaper Sueddeutsche Zeitung that Opel is cautiously optimistic that sales will grow enough in 2014 to avoid a further round of cost cutting. GM is sticking ...

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