http://europe.autonews.com - Originally founded by Adam Opel to build sewing machines, his sons moved the company’s direction towards mass mobility first by manufacturing bicycles and then later building their first car, the Opel Lutzmann, in 1899. Thirty years later the world’s first economic crisis threatened its existence and the heirs agreed to sell the company in 1929 to General Motors. Opel initially blossomed under GM, becoming the first German automaker to build more than 100,0000 vehicles annually. In 1939, at the outbreak of World War 2 in Europe, Opel boasted it was Europe's largest carmaker for the fourth yea
https://guardian.ng - The imminent takeover of General Motors’ European subsidiary Opel by French carmaker PSA Peugeot Citroen comes after almost two decades of crisis for the historic manufacturer. Despite remaining a familiar sight on German roads, the carmaker with the “Blitz” (lightning) logo and its British sibling Vauxhall haven’t booked a profit since 1999. Recent woes cast a pall over the firm’s storied history, dating back to its founding in 1862 by Adam Opel as a sewing-machine and later bicycle manufacturer.
https://www.wsj.com - General Motors' sale of Adam Opel AG likely eliminates a source of low-cost funding for the Detroit auto giant’s car-lending business, potentially pressuring profits in lending operations the company has been trying to rebuild since bankruptcy.
https://www.wsj.com - A deal for General Motors to sell its Adam Opel AG European business to French car maker Peugeot is expected to be announced Monday, according to two people familiar with the plan. A purchase price is not yet known. The car makers have been in talks for months.
http://www.thetruthaboutcars.com - As expected, a transfer of General Motors’ subsidiary Adam Opel AG to European automaker PSA looks to be a done deal. PSA’s board approved the deal on Friday, with an official announcement planned for early next week.
http://www.fool.com - General Motors about "numerous strategic initiatives," including the potential sale of GM subsidiary Adam Opel AG. Opel is essentially GM's entire European operation, building and selling vehicles under the Opel and Vauxhall brand names throughout Europe. It accounted for nearly all of the roughly 1,162,000 vehicles GM sold in Europe in 2016.
http://gmauthority.com - On November 22nd, General Motors moved to register Buick DDB as a trademark with the United States Patent and Trademark Office. As some readers had observed, DDB likely stands for David Dunbar Buick - the late founder of the Buick brand that was so notoriously instrumental in creating General Motors as an automaker. The question is, then, what’s GM planning to do with the Buick DDB name?
http://europe.autonews.com - Opel is reorganizing output of key small cars at its plants in Germany and Spain to improve production efficiency.
http://media.opel.com - Opel is setting a new course to make production in Europe even more efficient: The successor of the extremely successful Mokka X SUV will be made in Eisenach as of 2019. The successors of the Corsa and the ADAM will be produced in Zaragoza as of 2019.
http://wardsauto.com - German regulators absolved Adam Opel of diesel-emissions-tampering allegations, but GM Vice President Dan Nicholson won’t say, “I told you so.”