The Reason General Motors Sold Opel - MSN
General Motors exited Europe in 2017, selling Opel and Vauxhall to PSA Group for $2.2 billion. The company faced chronic losses, Brexit challenges, and a shift in focus to the U.S. and China...
GM and Opel: It's complicated...and has been for decades - Autoweek
Mar 6, 2017 · PSA Group's planned acquisition of Opel, announced Monday, will end General Motors' nearly 90 years of ownership that grew more turbulent and acrimonious as time wore on.
GM sells Opel, Vauxhall to PSA: Here’s why it happened - Autoweek
Mar 6, 2017 · General Motors executives said they decided to sell Opel because Europe’s changing geo-political and regulatory climate demands more investment at a time when they see a greater need to focus...
Why General Motors sold Opel and Vauxhall brands in Europe
May 17, 2019 · In 2017, GM finally shut the door on the continent after roughly 20 years of losses and sold its struggling Opel and Vauxhall brands. The move was part of a larger strategy to focus GM’s...
January 29, 1929 – GM begins its overtake of Opel - This Day In ...
Jan 30, 2024 · Learn how GM invested in Opel in 1929, acquired it in 1931, and sold it in 2017. Explore the challenges and innovations that shaped Opel's journey from a German automaker to a global brand.
Soul searching at GM after selling Opel - USA TODAY
Mar 9, 2017 · GM announced Monday that it will sell Germany's Opel, Great Britain's Vauxhall and its other European operations to France's PSA Groupe, a capable automaker known for Peugeots and Citroens.
March 7, 1929 - GM buys Opel - This Day In Automotive History
Mar 8, 2023 · On this day in 1929 GM purchased 80 percent of the German automaker Opel, and eventually became the outright owner in 1931. While GM efforts in Europe can be traced to 1911, its footprint took hold there when it began producing Chevrolet cars in Denmark in 1923 and Belgium in 1925.
View the Entire Portfolio of GM Brands | General Motors
Explore all of the brands we offer at General Motors including Chevrolet, Buick, GMC, Cadillac, ACDelco, OnStar, Ultium, GM Financial, and more.
GM closes sale of Opel/Vauxhall to Groupe PSA - General Motors …
Aug 1, 2017 · The sale of GM Financial's European operations to Groupe PSA and BNP Paribas is expected to close later this year, subject to various regulatory approvals. General Motors Co. (NYSE: GM, TSX: GMM), its subsidiaries and joint venture entities produce and sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang and Wuling ...
GM Keeps Opel for Scale and Innovation: Analysis - Popular Mechanics
Nov 4, 2009 · GM has been counting on Opel to take the lead in developing small, fuel-efficient vehicles. The Chevy Cruze, for example, Chevy's most significant product launch next year, is based on an...
Beijing Auto Plans Bid for GM's Opel: Report - TheStreet
Jul 2, 2009 · China's Beijing Automotive plans to present a detailed bid for General Motors' Opel unit in Europe within the next few days, a report says.
Five reasons why GM would be better off without Opel
Oct 11, 2012 · Getting rid of Opel opens up the playing field to a broader range of Chevrolet's products in Europe and also allows for a product strategy that better leverages the PSA joint venture to market...
Here Are All the Opel Models That Have Recently Been ... - Autotrader
Apr 27, 2018 · Learn about the history and examples of Opel vehicles that have been sold in the U.S. under different GM brands, such as Cadillac, Saturn, Buick and Chevy. Find out which ones were successful, which ones were failures, and which ones are still available today.
GM announces plans to close Opel Antwerp facility - Autoblog
Jan 24, 2010 · General Motors is closing down its Opel plant in Antwerp, and forfeiting up to €500 million (about $707 million) in aid the Flemish government had promised if the operation had remained open.
Opel to launch small electric car by 2017 - China Daily
Apr 8, 2014 · The GM division last September announced a price cut for the Ampera of almost 8,000 euros in Europe's biggest car market for the model which can travel between 40-80 kilometers electrically and a ...
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