GM to spin off Opel as part of restructuring plan

10.0: <a href="http://www.germancarmagazine.com/features/mercedes-190s-at-the-nurburgring-24-hour/">Mercedes 190's at the Nurburgring 24 Hour (1 vote)
10.0: <a href="http://www.germancarmagazine.com/features/motorsports-rare-bmws-m5-6-series-and-8-series/">Motorsport's rare BMW's; M5, 6-Series and 8-Series (1 vote)
10.0: <a href="http://www.germancarmagazine.com/news/new-audi-as5-r-to-head-abt-sportsline-range-in-geneva/">New Audi AS5-R to head ABT Sportsline range in Geneva (1 vote)
10.0: Mk5 Golf GTi Buying Guide (1 vote)
10.0: <a href="http://www.germancarmagazine.com/news/techart-bringing-pair-of-tuned-cayennes-to-geneva-including-680hp-magnum/">Techart bringing pair of tuned Cayennes to Geneva including 680hp Magnum (1 vote)
9.0: Twin-clutch better than manual? (2 votes)
8.0: <a href="http://www.germancarmagazine.com/blog/willkommen-to-the-website-dedicated-to-fast-german-cars/">Willkommen... to the website dedicated to fast German cars (1 vote)
3.0: <a href="http://www.germancarmagazine.com/news/mercedes-unveils-special-edition-g-class-suvs-for-30th-anniversary/">Mercedes unveils special-edition G-Class SUVs for 30th anniversary (1 vote)

February 27, 2009 by German Car Magazine
Filed under News

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opel insignia main 630 1009 350x200 GM to spin off Opel as part of restructuring plan

Saturn is expected to go its own way, Pontiac is being pared down, Hummer is up for sale and Saab has already announced it will be seeking independence. General Motors’ brand hemorrhage continues today with the announcement that Opel will be spun off from the brand as well, with a potential cost of thousands of jobs and billions of dollars.

The decision to open up Opel was made to allow outside investment in the company while still allowing it to get the materials it needs from GM to function properly.

2009 Opel Insignia Sedan

opel insignia01 1 0917 120x80 GM to spin off Opel as part of restructuring plan opel insignia02 1 0917 120x80 GM to spin off Opel as part of restructuring plan opel insignia03 1 0917 120x80 GM to spin off Opel as part of restructuring plan opel insignia04 1 0917 120x80 GM to spin off Opel as part of restructuring plan