Breaking News

NHTSA Had ‘Ample Information’ to Find GM Ignition Switch Defect: Report
Tweet TWEET

GM's Opel Aims for Profit No Later Than 2012, CEO Reilly Tells Rundschau

General Motors Co.’s Opel unit should return to a profit by 2012 at the latest, Nick Reilly, Opel’s chief executive officer, told Frankfurter Rundschau.

Opel aims to boost its market share in Germany to a double- digit percentage amount from about 8 percent, Reilly said in the interview. The company’s new compact car, “Junior,” should be street-ready in about 2 ½ years, he told the newspaper.

For Related News and Information: GM’s pre-bankruptcy workforce: MTLQQ US <Equity> FA EMP <GO> German government stories: TNI GER GOV <GO> Today’s top transport news: TRNT <GO>

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.