Soon after unveiling the Opel RAK e concept at the 2011 Frankfurt Motor Show, General Motors of Europe president Nick Reilly revealed to Autocar that the RAK e is a “very serious concept,” adding that Opel is currently investigating production feasibility and believes the two-seat electric could launch with a £9,000 price tag (Around $14,216 U.S. including England’s massive Value Added Tax)
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A staple product of General Motors’ overseas subsidiaries, the Opel Astra has been a long time in the making. The five-door hatchback was revealed back in 2009 at the Frankfurt Motor Show, which was then followed by the GTC show car that previewed the three-door version in concept form (along with the production Sport Tourer wagon variant) a year later at the Paris Motor Show. Another year after that, Opel will unveil the production three-door GTC in Frankfurt this coming September. The final product is still undergoing development, but while GM’s German division irons out the kinks, they’ve released these preliminary images showing us what to expect from the production version. Read More »

Between the New York Auto Show, the Shanghai Motor Show and Top Marques Monaco, there’s a major motor expo happening on each of three continents. But the latest model you see here wasn’t unveiled at any one of them.

What you’re looking at is the hottest hatch to come from Opel. It’s called the Corsa OPC Nürburgring Edition, and it means business. To start with, the Opel Performance Center (think of it as General Motors of Europe’s AMG) has tweaked the 1.6-liter turbo four from 192 horsepower to 210 and boosted the torque count from 170 lb-ft (196 on overboost) to 184 (206 on overboost). Read More »

This time, you are not looking at a hologram. Our spy photographers have caught this camo-clad Opel Zafira out moving people. Vauxhall has already hinted at its version of the Zafira via the Tourer Concept, and a production version is expected to hit dealer showrooms in the first half of 2012. Read More »

While we were talking about the Escalade EXT launch with Susan Docherty (don’t ask) during the Regal reveal at the Hollywood Palladium last week, Car & Driver’s Steve Siler was pushing Maximum Bob about sportier versions of the newest Buick. Now, we heard mumblings about a new Buick Regal GS last month, but that was just dealer hearsay. Siler’s report is straight from Lutz’s mouth, and while he’s not exactly the most reliable GM exec we’ve ever talked with, he does seem to have his finger on the General’s performance pulse.

To summarize a bit, a 335-hp, all-wheel-drive manny-tranny version of the Regal might be coming, labeled with the legendary GS badge. There might even be a wagon version of the top of the line Regal – maybe even one with GM’s eLSD torque vectoring. In fact, Lutz made it sound like GM might just import the 325-hp turbocharged 2.8-liter V6 Opel Insignia OPC Sports Tourer, crank up the boost a smidge and slap a Regal GS badge on it – which is more than totally fine with us. In fact, Siler suggests that what GM ought to do is make the tip top Regal wagon-only – sort of like the MazdaSpeed3 or WRX STI. Maybe call it the Buick Regal GSX? But like most such things involving GM these days, we’ll believe it when we see it.

[Source:Autoblog]

The battle for Opel has added another front: Opel labor unions at two of the company’s German factories retracted an agreement made last year to forgo vacation bonuses. The move demands that General Motors pay the laborers €70 million ($100.2M U.S.) by next week, the amount that they agreed to give up when GM was trying to rescue itself. Workers at two other Opel factories in Germany are expected to make the same move some time this week. The workers want GM to sell to Magna, and if The General doesn’t make its intentions plain soon, the next step will be for Opel labor to demand the wage hike they waived last year, which would see the automaker owe another several hundred million euros.

According to Automotive News, GM’s board met to discuss which bidder, Magna or RHJ, it would go with, but instead of making a decision it sent its lead negotiator back to Germany to talk to government officials. As of last week, there were rumors of GM wanting a buyback option for Opel, which could get GM quickly back into Europe when the company restores its fortunes. The option seemed to make RHJ the leading bidder, but not the one German government or labor wants.

If RHJ wins, it will get no state aid. If Magna wins, it has been pledged €4.5B ($6.4B U.S.) in government loans. The disadvantage could cause RHJ to deal with Opel drastically, which would greatly displease a whole lot of Germans. Perhaps that is why there is now talk of GM not selling Opel at all, instead looking to raise $4.3 billion to keep Opel in the family. With GM barely out of bankruptcy, and with economies still shaky, observers aren’t sure where GM would get that kind of money. It is thought that GM will announce its intentions in the next day or so.

[Source: Automotive News, sub req'd]

[Source:Autoblog]

General Motors was meant to decide who would be the winning bidder for Opel last Friday. But it didn’t. Instead, GM asked the German government for more information on federal financial assistance available to buyers. The German government would like Magna to take over Opel as it vowed to retain a huge chunk of jobs in Germany, but GM has given every indication of preferring Belgian investment fund RHJ.

GM wants to know how much money RHJ would get in case it was chosen to buy Opel. It looks like GM still has issues with Magna buying Opel and is looking for a way to choose RHJ and save at least a little face with the German government. If RHJ can get an attractive financial package from the feds, it can also save more jobs than it might be inclined to otherwise, and GM doesn’t have to worry about Russian competitors using its own technology.

The German government wants none of it, though. It has called on the United States government to get GM to make a decision. That isn’t likely to happen, but it shows how intense things are with Opel, politicians, labor and upcoming elections. On a side note, the BBC reported that part of GM’s plan could include a buy-back option for Opel, which, if true, would probably make a lot more sense for RHJ than Magna.

[Source: Auto News, sub req'd]

[Source:Autoblog]