Opel may post a loss at home in Germany for 2007.
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Opel CEO Hans Demant told Automobilwoche that the German market is no longer profitable, either for the automaker or for its dealers.
But a an Opel spokesman denied that Opel is not profitable.
The General Motors Europe brand’s sales were down 14.7% in 2007, according to data published by the government vehicle agency, the Kraftfahrt Bundesamt (KBA), compared with an overall market down 9% to its lowest level since the reunification of the formerly divided Germany.
Demant reportedly blamed the discussion about the environment for the contraction of the German market, saying no other country had such a low level of consumer confidence. He added that the endless discussion about a new CO2 related tax system, and the introduction of eco-zones in big cities, had led to customers going on strike.
