GERMANY: Opel $11bn investment to secure profitability by 2012
Author: Simon Warburton | 9 February 2010
Opel/Vauxhall said the announcement today (9 February) of its EUR11bn (US$15.1bn) investment to 2014 should see the automaker break even next year and return to profit in 2012.
just-auto articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
More articles related to this one
AUGUST MANAGEMENT BRIEFING: Hybrids and electric vehicles (Part 1)
After ten years at the top, Toyota is suddenly finding its lead in hybrid car technology under attack. Not only are ever more gasoline-electric rival models appearing, but manufacturers such as Mitsubishi and Nissan have also laid out plans for the mass production of electric vehicles (EVs) in the hope that buyers will rush to embrace such cars as the new eco-zeitgeist. In the first of a three-part series for just-auto.com, Glenn Brooks outlines the latest advances in hybrid and EVs technology.
US: Chief confirms GM started on IPO process
General Motors has started on an initial public offering of shares that could be the largest ever for the US market but hasn't decided on the timing, chief executive Ed Whitacre said. He also confirmed a revamp of the US dealer network, hinted second quarter results would show a profit, and said GM may hire more factory workers and possibly reopen a shuttered plant.
COMMENT: Government Motors no more?
Things are moving at a pretty pace in Detroit where General Motors' boss Ed Whitacre is plotting its much-heralded IPO.
Market research related to this article
Supplying GM
The last few months have underlined the importance of the OEM customer base of each supplier for medium- and long-term strategic success. This report, as a part of the Supplying OEMs series, provides guidance and insight into the OEM's strategic posi...
Light trucks in Denmark
Datamonitor's Light trucks in Denmark industry profile is an essential resource for top-level data and analysis covering the Light trucks industry. It includes detailed data on market size and segmentation, plus textual and graphical analysis of the ...
Colombia Autos Report 2010
Business Monitor International's Colombia Autos Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Col...



















