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.

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