GM invests in Opel another 500 million euros – FAZ – Frankfurter Allgemeine Zeitung

GM invests in Opel another 500 million euros – FAZ – Frankfurter Allgemeine Zeitung

      

 
 
 
 
 
     
 
 
 
 
 
 
 
 
 
 
                                           
 
     
 
     
     
             
             
                                                                                 

The American auto giant General Motors will strengthen its German subsidiary Opel substantial additional investment back. Mary Barra, GM’s CEO, announced on a visit at the Opel headquarters in Rüsselsheim, Hesse in investing in the production of a new engine and transmission family. This funding totaling more than 500 million euros in the works in Rüsselsheim and Kaiserslautern in Polish Tichy. They also reiterated the plan that in Rüsselsheim at the end of this decade, an additional, completely new model will roll off the line. It will be a so-called “sports utility vehicle” (SUV).

                                 
             
             
                                                                                 
                                 

Author:. Carsten Knop, born in 1969, editor-in business, responsible for corporate reporting, responsible for “The Lounge” Follow:

“This SUV is a second flagship brand next to the Insignia”, is Barra quoted in the press release of Opel. For further around 245 million euros will be invested in Rüsselsheim, which had been previously announced but. “Opel is of high strategic importance for GM,” affirmed Barra. The brand has successfully begun to introduce 27 new models and 17 new engines. The additional investment was a commitment from GM to Opel, to Germany and to Europe. For Opel CEO Karl-Thomas Neumann, these words are a welcome moral support, because so far everyone is not already convinced that he will turn the tide of the ailing automaker for the better long term.

                                 
             
             
                                                                                                                                                                                                                  

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Because Opel in this respect, therefore, is still a special company, both Neumann and Barra memorized value on the finding like to have the decisions in “constructive dialogue” with the employee representatives. The fact was that time in order for the closure of the plant in Bochum not the case. On 5 December, the last Opel in Bochum will roll off. After more than 52 years so ending in the Ruhr city car production. Other works on the other hand can look forward. For Neumann also announced that a third layer is introduced in the Opel plant in Eisenach from mid-2015. This was due to high demand for the produced there models Corsa and Adam. Of the new generation of the Corsa more than 45,000 pieces were already before the actual launch was appointed.

                                                                                                                     
 
  

 
 
 
                    

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GM invests in Opel additional 500 million euros

From Carsten Knop

In Rüsselsheim today is GM chief Mary Barra visiting. There they announced the production of a new SUV. Eisenach also gets a third layer and the whole brand new engines and transmissions.

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