Archive for 'Opel'
Chevrolet, Opel to compliment each other as GM competes on global scale
Last week, General Motors announced that it will invest 1.9 billion euros ($2.57 billion USD) towards the restructuring of Opel, more than tripling its previous pledge of 600 million euros. Why? Well, because Opel is to GM of Europe what Chevrolet is to GM of Detroit.
According to a report by the Free Press, Opel is [...]
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GM commits $2.57 billion for Opel/Vauxhall restructuring
General Motors announced yesterday that it will invest 1.9 billion euros ($2.57 billion USD) towards the restructuring of Opel/Vauxhall, more than tripling its previous pledge of 600 million euros.
“GM’s €1.9 billion commitment is the right course of action for Opel/Vauxhall and should clearly signal our determination to fix our business,” said Nick Reilly. “Our call [...]
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Report: Spyker to team up with Opel to make compact Saab
Last month, after announcing that it will officially purchase Saab from General Motors, Spyker release a short press release detailing what we can expect from the Swedish duo – in terms of products. Besides the 2010 Saab 9-5 and the upcoming 9-4X, Spyker execs said that they are considering a small model, known to many [...]
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2010 Geneva Preview: Opel Flextreme GT/E Concept previews EREV for 5-door-coupe
Remember that Opel concept teaser we showed you last week? Well, here is what the whole thing looks like. Known as the Flextreme GT/E Concept, the study continues GM’s extended-range electric vehicle technology that is currently found in the Chevrolet Volt and the Opel Ampera. The point of the Flextreme GT/E is to show the [...]
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Opel teases new Voltec concept for 2010 Geneva Motor Show
Opel today dropped a teaser of a new concept car that it will debut at the 2010 Geneva Motor Show. The concept “envisions many of the qualities the company is embracing as it moves forward: Coupling expressive, beautiful design with German engineering to meet the environmental challenges of tomorrow.”
The concept will feature the Chevrolet Volt [...]
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Opel CEO Nick Reilly unveils ambitious plan for future, $15 billion investment by 2014
It’s been a while since we’ve heard anything from Opel since GM regained full control of the brand. Nick Reilly, Chief Executive Officer of Opel, said today that the brand will invest €11 billion ($15 billion USD) by 2014, a move that will reinvigorate 80 percent of Opel/Vauxhall carlines, while placing a strong emphasis on [...]
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Opel’s new CEO urges staff to stop blaming GM for problems
Nick Reilly, the new CEO of GM’s German subsidiary Opel motors, has asked his staff to not stay disillusioned and place blame for the company’s problems with GM.
“That is only a poor excuse to avoid assuming responsibility for the difficult situation — it’s a victim mentality.”, Reilly said.
There are numerous things that contributed to Opel’s [...]
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2010 Geneva Preview: 2011 Opel Meriva gets rear-hinged rear-doors
Opel today unveiled the new Meriva prior to its debut at the 2010 Geneva Motor Show in March. Totally redesigned for 2011, the new Opel Meriva features a significant amount of space engineered to be packed in a compact and contemporary design.
The 2011 Opel Meriva features FlexSpace rear-seating, high seating position and roomy cabin. It also [...]
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Opel to get aggressive on hybrid, electric vehicles within the next 5 years
According to GM Europe’s head Nick Reilly, Opel will launch a range of hybrid models within five years as part of campaign to overhaul its product lineup.
“We are confident that we can not only maintain but also expand our market share in Europe,” he told German magazine Auto Motor und Sport. “We will have hybrid engines [...]
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Steinmetz/Klasen Opel Insignia Sports Tourer OPC is the fastest street-legal Opel ever
Steinmetz and Klasen Motors set a new speed record for a street-legal Opel vehicle with its modified version of the Insignia Sports Tourer OPC – making it officially the fastest Opel ever made. The record speed, set in mid-October at Nardo, Italy, came in at 178.6 mph.
While Steinmetz took care of much of the visual [...]
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