October 23, 2017 3:30 AM 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 based in Rüsselsheim, Germany with production and assembly facilities in Germany, Austria, Hungary, Poland, Spain, and the United Kingdom. As of August 1, 2017, Adam Opel AG operates as a subsidiary of Peugeot S.A.

Bahnhofsplatz

Rüsselsheim,  65423

Germany

Founded in 1862

Phone:

49 6142 770

Fax:

49 6142 778800

Key Executives for Adam Opel AG

CEO & Member of Management Board
Age: 49
VP of Finance, CFO & Member of Management Board
Age: 44
MD of Human Resources, Labor Director & Member of Management Board
Age: 60
MD of Communications & Member of Management Board
Age: 57
VP of Engineering & Member of Management Board
Age: 48
Compensation as of Fiscal Year 2017.

Adam Opel AG Key Developments

Opel Receives 50,000 Orders for New Insignia

Opel has announced that it has received 50,000 orders for its Insignia Grand Sport hatchback and Sports Tourer estate since its order book opened in mid-February. It added that of those ordered, 86% include its Navi 900 IntelliLink navigation system, 70% ergonomic seats and 63% the IntelliLux LED matrix headlights.

Opel Launches Insignia GSi Performance Variant

Opel has launched the high-performance variant of its new Insignia which will be known as the Insignia GSi. The chassis has received special attention with the springs shorter by 10mm in travel in comparison to the standard car, and they work in conjunction with special shock absorbers to improve body control during high-speed driving. The GSi is also fitted with mechatronic FlexRide chassis as standard which adapts shock absorbers and steering inputs instantaneously. The model is also equipped with powerful Brembo brakes, with a 345mm disc diameter, which are fitted in conjunction with 20-inch wheels. The model is powered by a four-cylinder 2.0-litre turbocharged gasoline (petrol) powertrain that develops 260 bhp and 400 Nm of torque, with the unit being mated to an eight-speed automatic gearbox. The model can achieve an NEDC combined fuel consumption of 11.2 litres per 100 km and emits 197 g/km CO2.

Adam Opel GmbH Announces Management Changes

Adam Opel GmbH said in a statement that Karl-Thomas Neumann would leave his post as CEO of General Motors' Opel subsidiary immediately. He will remain a member of top Opel management until the sale to PSA Group goes through. Neumann was replaced by chief financial officer Michael Lohscheller.

Similar Private Companies By Industry

Company Name Region
AB 15/08 Vermögensverwaltungs GmbH Europe
Alpha Armouring Panzerung GmbH Europe
ALPINA Burkard Bovensiepen GmbH + Co. KG Europe
Apollo Automobil GmbH Europe
BMW Vertriebs GmbH Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 6, 2017
--
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Tax Management Inc United States
Bertelsmann AG Europe

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Adam Opel AG, please visit www.opel.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.