At the 2017 Geneva auto show, General Motors announced the sale of its entire European operations—comprising factories and the Opel and Vauxhall brands—to PSA Peugeot Citroën. German Opel and its British Vauxhall sibling have represented GM's main presence in Europe for decades, but the U.S. automaker was willing to let them go for 2.2 billion euros (approximately $2.33 billion). As is always the case with such major business deals, a considerable amount of reporting and analysis has been generated trying to understand why GM decided to sell Opel. The company had agreed to do...
GM sells Opel; is plan to switch to electric cars by 2030 now in limbo?
GM said today it will sell its European Opel division to PSA Peugeot Citroën, the French parent of the Citroën, DS and Peugeot brands, for 2.2 billion euros (approximately $2.33 billion). Among the questions surrounding the sale—which includes the U.K.-market Vauxhall brand—is...Stephen Edelstein
And The MPG Champion Is... A 6.2-Liter V8 Sport Sedan?
Come up with a list of high MPG cars and we're willing to bet that a car powered by a Chevrolet LS3, 6.2-liter, 425-horsepower V8 wouldn't be present. However, just such a car has won one of the categories in the Fleet World MPG Marathon, bettering its quoted MPG figures by 50 percent. The car in...Antony Ingram
GM's European Arm, Opel, Shows Two-Seat Electric Urban Concept
With the Frankfurt Motor Show launching in less than a week, the concept cars are starting to come thick and fast. The latest is a small two-seat electric urban car from Opel, the premiere European brand operated by General Motors. It's one of several tiny urban electric concepts, joining the Audi...John Voelcker
Opel Ampera News - Euro Volt Price Revealed, 42,900 Euros
If you're familiar with the 2011 Chevrolet Volt range-extended EV, then you're already familar with the Opel Ampera, since it's essentially the same car. The Ampera will be sold under General Motors' other brands, the Germany-based Opel and in the U.K. as the Vauxhall Ampera. It's not uncommon for...Antony Ingram
2011 Chevrolet Volt To Be Sold In China, But As A Buick
General Motors may be trying to spread Chevrolet through Europe and Asia, but it won't put the Chevy bowtie on its Volt extended-range electric vehicle when that car goes on sale in China next year. Instead, the car that hits U.S. dealerships this November as the 2011 Chevrolet Volt will be sold in...John Voelcker