Opel
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The contents of the bids for purchase of Opel submitted by Fiat, Magna and Ripplewood Holdings on Wednesday - and BAIC on Thursday - haven't yet been disclosed, but today the governor of the German state where Opel is headquartered said he thinks Magna's plan is the best for Opel. Though Hesse state governor Roland Koch didn't say exactly why the Magna plan is his favorite, he did imply that his preference is based on the plan's treatment of labor, reports the Detroit Free Press. "I think there is a certain ranking, in which the offer from the Magna group is certainly the one that is closest...
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Magna-Saturn-Opel alliance could prove formidableA lot of discussion goes into the topic of finding synergies within the auto industry, but few big, successful examples show what that looks like. The disastrously failed attempts - DaimlerChrysler, for example - are more well-known. But Magna's gambit to win Opel and now Saturn from the rapidly...
Ralph Hanson -
Opel Adds 'Sports Tourer' Body To Insignia OPC LineFollowing last month’s reveal of the 325hp (242kW) Opel Insignia OPC comes the wagon or ‘Sports Tourer’ version, which is set to go on sale in Opel and Vauxhall showrooms in the second half of the year. Like its sedan counterpart, the OPC Sports Tourer comes packing the same...
Kenneth Hall -
Fiat not planning to close plants in Europe as result of Opel dealFiat and Magna are still working with the German government on the takeover of Opel from General Motors' European operations, but Fiat is already being forced to quell concerns that it might shut down European Fiat plants if it does acquire Opel. Today Italian Industry Minister Claudio Scajola made...
Kenneth Hall -
Report: Magna considers using Opel to build cars for other brandsBidding for General Motors’ Opel division has intensified recently, with the German government revealing late last week that only two parties remain in the bidding war – Fiat and Magna International (together with Russia’s GAZ Group). While it’s been speculated that Fiat is...
Jeremy Weber -
Opel Releases Full Details For All-New AstraAfter months of previews, teasers and small official photos, the 2010 Opel (Vauxhall) Astra has finally been let out of the bag. The hatch has been revealed in high-res photos and a few key details, though full official information is still waiting in the wings. The new Astra is crucial for Opel as...
Alex Kaufmann -
Less than 24 hours after GM CEO Fritz Henderson announced that a new buyer for Opel would be picked by the end of this month, Russia’s GAZ Group has confirmed that it would be interested in creating a joint venture with Magna International and Opel. Magna, as previously reported, is competing with Fiat for GM’s European operations but is only seeking a minority share of about 20%. Unlike Fiat and Magna, however, GAZ has substantial debts so its role in any takeover of Opel would be limited. In an official statement, GAZ said it would be responsible for manufacturing Opel passenger...
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Preview: Opel Insignia 'GTC' CoupeWe’ve already seen Opel expand its Insignia lineup with the Hatchback and Sports Tourer, as well as the more recent OPC performance variant, but there’s one more model in the works that’s destined to be the most exciting and extreme. The model in question is a new coupe variant...
Ralph Hanson -
Report: GM wants 30% stake in possible joint Opel-Fiat companyThe landscape of the automotive industry is changing, and before things are done, the changes may be massive. Already Fiat and Chrysler are forging an alliance, and Fiat is also going after part of Opel. Now a source says General Motors wants a piece of any merged Fiat-Opel operation that might...
Ralph Hanson -
Opel planning electric city car based on Trixx conceptDespite its financial woes on the back of General Motors’ money troubles, Opel is still working on developing its own new models and technologies, including what could prove to be the European division’s first all-electric vehicle. While it’s long been anticipated that Opel would...
Kenneth Hall -
Report: GM to move Astra to Buick with Saturn out of pictureMany have wondered what will happen to all the new Opel products being brought to the U.S. now that Saturn is facing sale or termination in the next few months. The answer may lie in a new report that the Astra - built by Opel, sold in the U.S. as a Saturn - may be branded as a Buick in North...
Ralph Hanson -
Fiat wants to form new company to combine Chrysler and GM EuropeFiat has confirmed that it wants to acquire General Motors' European operations and to do so the Italian auto giant may form a new company to combine its Fiat car brands (Fiat, Lancia, Alfa Romeo) along with Chrysler and any acquired GM entities. The information was revealed in a statement issued...
Jeremy Weber -
Packing 325hp (242kW), a sophisticated AWD chassis and a sub-six second 0-60mph time, Opel’s new Insignia OPC is set to take the midsize performance saloon market by storm when it goes on sale in the middle of the year. OPC, which stands for ‘Opel Performance Center,’ is the name given to models developed by GM’s official in-house tuner in Europe, and in the past has been used for cars like the Astra and compact Corsa hatchbacks. OPC cars typically feature minor engine and handling mods as well as styling and performance upgrades such as bigger wheels and sporty...
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Opel's next-gen Zafira previewed in new sketchFuture may be the F-word at General Motors' Opel, Vauxhall and Saturn brands, but that's not stopping development work from continuing on core vehicles like the Zafira seven-seater. Prepping for release in 2011 or 2012, the new car wears a brand identity that was first previewed with the Flextreme...
Kenneth Hall -
GM will maintain global product strategy even if it loses control of engineering centersBecoming efficient is GM's key goal right now, both in bringing back its own financial security and at the same time convincing the auto industry task force to provide crucial loans. To achieve this goal, GM will be trying to preserve its global product strategy that helps it reduce costs for model...
James Martinez -
Spy shots: Barely disguised Opel Insignia OPCWe’ve seen a number of prototypes for the upcoming OPC Opel Insignia sedan and Sports Tourer wagon in the past 12 months but this is the first time that we have seen the car in its almost production ready state. OPC, which stands for ‘Opel Performance Center,’ is the name given to...
James Martinez -
Opel waters down Astra OPC Nurburgring 24 endurance race car for the streetThe Astra hatch is approaching the end of its product cycle, but in the lead up to the arrival of an all-new model later this year Opel has seen fit to release one more special edition based on the sporty Coupe. Using last year’s 300hp (225kW) Nurburgring 24 Astra endurance race car as its...
Alex Kaufmann -
Red Dot design awards winners revealed for 2009Innovative and interesting designs are rewarded each year with a 'red dot', from world renowned design institution, the Design Zentrum Nordrhein Westfalen, one of Europe's oldest and most highly reputed design centers. This year a number of interesting entries in the automobile category came away...
Kenneth Hall -
We’ve seen a number of prototypes for the upcoming OPC Opel Insignia sedan in the past 12 months but this is the first time that we have come across the Sports Tourer wagon version of the car. OPC, which stands for ‘Opel Performance Center,’ is the name given to models developed by GM’s official in-house tuner in Europe. OPC cars typically feature minor engine and handling mods as well as styling and performance upgrades such as bigger wheels and sporty bodykits. In the UK, the car will likely be known as the Vauxhall Insignia Sports Tourer VXR. The oversized wheels...
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Lexmaul pumps up the Vectra, adds flex-fuel capabilityEthanol is a hot topic among biofuels advocates - and opponents - and green-car fiends alike, but it has a long tradition as a performance fuel as well. Lexmaul taps into that tradition with their latest Vectra, converting the car to E85 flex-fuel capability for extra performance. The CO2 savings...
Alex Kaufmann -
GM considered Opel’s Insignia for CadillacEarlier this week a report emerged naming Buick the new gateway for Opel’s European models into the U.S. now that the future of Saturn is looking grim. The star in Opel’s crown, the 2009 Insignia sedan, is already on sale in Chinese markets as the Buick Regal but an insider at General...
Viknesh Vijayenthiran -
Merkel reluctant to help Opel, but dealers rallying to buy stakeGeneral Motors, like a lot of other carmakers, is having a tough time lately - some might say tougher than most. Opel, GM's German subsidiary, and Vauxhall, Opel's UK-based doppelganger, are taking it on the chin as well. Today German Chancellor Angela Merkel announced the government would be...
Alex Kaufmann -
Opel models headed to U.S. as BuicksOpel and Saturn have always had a close affinity, with a number of popular models like the Vectra and Astra sold under both labels with barely any changes except for the badge located on the grille. However, with the future of Saturn looking grim, Buick is set to become the gateway for...
James Martinez -
Germany's interior minister suggests insolvency may be best bet for OpelSaturn is expected to go its own way, Pontiac is being pared down, Hummer is up for sale and Saab has already announced it will be seeking independence. General Motors' brand hemorrhage continued last week with the announcement that Opel will be spun off from the brand as well, with a potential...
Ralph Hanson