May 31, 2016 11:49 PM ET

Automobiles

Company Overview of Adam Opel AG

Company Overview

Adam Opel AG manufactures and sells passenger cars and light commercial vehicles in Europe. It offers cars and vans. The company was founded in 1862 and is headquartered in Rüsselsheim am Main, Germany with production and assembly facilities in Germany, Austria, Hungary, Poland, Spain, and the United Kingdom. Adam Opel AG operates as a subsidiary of General Motors Company.

Bahnhofsplatz

Rüsselsheim am Main,  65423

Germany

Founded in 1862

Phone:

49 6142 770

Fax:

49 6142 778800

Key Executives for Adam Opel AG

HR & Labor Director and Member of Management Board
Age: 58
Vice President of Vehicle Engineering - Europe and Member of Management Board
Age: 55
Executive Director of Sales, Marketing & Service
Age: 48
Compensation as of Fiscal Year 2015.

Adam Opel AG Key Developments

Opel Plans to Develop OPC-Badged Version of New Astra

Opel is planning to develop a sport-focused OPC-badged version of the new Astra hatchback. The vehicle is to be equipped with a turbocharged four-cylinder engine modified to generate 300bhp and with a choice of a manual and an automatic transmission, but front-wheel drive will be the only configuration available. It will be available as a four door hatchback. German magazine, Auto Bild, believes a station wagon variant aimed at families will be added later in the production run. Both models feature OPC-specific bumpers at both ends, large alloy wheels, side skirts, and an air diffuser at the rear.

Opel to Launch Sporty Concept Vehicle at Geneva Motor Show

Opel announced that it is launching a sporty concept vehicle called GT at the 2016 Geneva Motor Show. It will be named as a tribute to the company's original GT and its design will be loosely inspired by the Experimental GT concept that the firm launched at the 1965 Frankfurt Motor Show. The model is to be launched in 2016. The vehicle is tentatively scheduled to go on sale in 2017. The vehicle is to be built on the same front-wheel drive platform as the new Astra hatchback. It will be available with a choice of three- and four-cylinder Opel petrol and diesel engines.

Opel Plans to Launch its New Astra TCR Race Car at the Circuit Jules Tacheny in Belgium on October 15, 2015

Opel is planning to launch its new Astra TCR race car at the Circuit Jules Tacheny in Belgium on October 15, 2015. The model has been developed jointly by Opel Motorsport and Kissling. The vehicle is equipped with a turbocharged 2.0-litre engine that produces around 330PS. It features a front splitter, a ventilated hood, a wide body kit, unique rear end, a dual exhaust system and a large rear wing.

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Recent Private Companies Transactions

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