Home » GM » Opel

Opel

PSA Seeking Refund From GM Over Opel Acquisition

French automaker PSA Group is reportedly seeking a refund from General Motors against its acquisition the Opel and Vauxhall brands earlier this year. The request comes as PSA says it was misled regarding Opel's position relating to meeting strict CO2 emissions regulations now and into the future.  The story, broken by Reuters, alleges that PSA is going to seek 600-800 million…

Read More...

Opel Teases Mysterious Future Product

Now fully under the control of new French owner PSA Group, Opel appears to be nearing the reveal of a future product. The company teased a mysterious new product on its official Twitter account, but details have yet to be offered.  For a teaser, the shot actually reveals quite a lot of about this product. The entire front clip is…

Read More...

Revealed: Opel Insignia GSi Sports Tourer

One of Opel's reveals at this week's Frankfurt Motor Show will be a new Insignia GSi Sports Tourer. For those of us stateside, this is lingo for a sport version of the Insignia wagon. This hot new wagon will grace Europe's roads with a gas or diesel engine option. If the Insignia GSi looks familiar, that's because it serves as…

Read More...

Report: Opel/Vauxhall Large SUV Axed

Opel/Vauxhall's new owners are already making product changes. A report out of Europe's AutoExpress suggests the company has decided to kill off plans to produce a new large SUV based on the Insignia sedan. PSA Group, the brand's new owner, has asked Opel management to draft a plan for profitability over the next 100 days. Apparently during this planning process…

Read More...

GM, PSA Close Opel Sale

General Motors and PSA Group have announced the close of the sale of Opel/Vauxhall to the French automaker. The finalization of the deal means PSA Group is now the second largest European automaker, second only to Volkswagen AG. In March GM announced its intent to sell its struggling European brands. GM says the move will allow the company to more…

Read More...

PSA Expects Opel Losses Again In 2017

Despite a change in ownership from General Motors to PSA Group, Opel's new owners are still expecting a loss in 2017. The news came from PSA CEO Carlos Tavares during an address to PSA shareholders earlier on Wednesday, when he cautioned more losses for the company's new German subsidiary. At PSA's annual meeting in Paris, the executive discussed that former…

Read More...

Opel Begins Insignia Grand Sport Production

Opel has officially commenced production of the all-new Insignia Grand Sport. The first sellable copy of the brand's flagship sedan was a 2.0-liter diesel variant in white. "We have been looking forward to today for a long time; our new flagship has finally arrived. This is an important day for Opel and Russelsheim. We invested more than €500 million ($539…

Read More...

Opel Will Still Run Itself

Despite being sold to PSA Group, Opel will apparently still run itself. As part of that autonomy, the German carmaker will keep its existing product plans largely unchanged as well, with seven new or redesigned vehicles coming to market over the next few years according to Automotive News. Opel's product plans aren't the only thing staying put. CEO Karl-Thomas Neumann…

Read More...

How One Vehicle May Have Led To Opel's Sell

There's likely a multitude of reasons behind General Motors' decision to sell Opel/Vauxhall to PSA Group. However, Automotive News is learning that at least some of the calculus behind the decision may stem from the next version of the Opel Corsa, which was becoming a major pain-point for GM. The Opel Corsa is the brand's B-segment car, one of the…

Read More...

Opel Schedules Monday Town Hall With Employees

Automotive News is reporting this morning that General Motors' Opel has scheduled a town hall meeting with employees for Monday morning. The news comes as reports yesterday suggested GM and PSA Group are nearing the finalization of a deal for the French automaker to acquire Opel from GM. The meeting is allegedly scheduled for Monday at 9:45 a.m. local time…

Read More...

Welcome to AutoVerdict: News, Reviews, Community