General Motors’ European unit Opel might return to profitability next year, excluding restructuring charges, and now expects a smaller 2010 loss, the unit’s chief executive has said.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

“We will be ahead of budget in 2010 since some costs will be shifted to 2011,” Nick Reilly told Reuters at the Paris show.

Reilly also said he hoped net profit might reach 4-5% of sales in 2012 but said Opel was more likely to achieve that target in 2013.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact