General Motors Europe’s Opel has started a major construction project at its Rüsselsheim headquarters, allocating EUR210m (US$285.89m) to construct a complex of buildings – the tallest seven stories high – on the south-west sector of the International Technical Development Centre (ITDC) premises.
The additional 36,000sq m of space from 2017 will house powertrain engineers and technicians whose equipment will include 43 new performance test benches.
“With this investment we very clearly show: Opel is back. Opel is on the attack,” said CEO Karl-Thomas Neumann. “Our model offensive is in full swing – and engines are a very important part of this offensive.”
The construction project is part of the spend announced in 2013 that earmarks EUR230m for new testing and engineering facilities at the ITDC and at the Test Centre Rodgau-Dudenhofen. The lion’s share of that, EUR210m, is being spent at Rüsselsheim. The complex will cover an area of around 13,000sq m south of the railroad tracks and west of Portal 45 in Rüsselsheim, parallel to the Rugbyring. This is the largest building spend in Rüsselsheim since the opening of the new production plant in 2002.
By 2018, Opel will have introduce 27 new models and 17 new engines. With the refreshed product line, market share in Europe is targeted at 8% by 2022.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData