GM will post again loss in Europe

Posted on 09-01-2016 at 15:04 by CasperH – 23 Comments”

The parent company of Opel will get it despite major measures such as the closing of factories, not for each other black figures to write.

That leaves Karl Thomas Neumann know in AutoBild. The CEO of Opel reports that it’s damn difficult to turn the tide in Europe. He holds hope that the target for 2016 profits is realistic. In 2015, however, it proved not possible for Opel and Vauxhall is successful enough to get.

Yet there is also good news: the losses were reduced and there was even one quarter almost made a profit. The arrival of the new Astra may concern might help to turn the tide. It is GM since 1999, more successful gains in Europe.

GM stopped last year with the sales of their cars in Russia, where the market became too small. And not only that, but also the factory of the concern in Russia is closed now. Previously closed Opel also all plants in Germany and Belgium.

Fotocredit: Autojunk.nl