Here are the Facts about Opel and Vauxhall
There is some fair and informed reporting about Opel & Vauxhall supported by facts. Unfortunately there is also misinformation, uninformed opinion, myths and urban legends that we read and hear. In fact, some really good fiction. But that's all it is. Fiction.
Facts & Fiction is not about our spin nor propaganda. It's not about our opinion nor about our perspective. For each popular myth we state the facts, plain and simple. And we stand behind these facts. We hope this will help to sort out fact from fiction. And when you read some fiction about us, please send them a link to this site and help correct misinformation.
If it's our opinion and perspective you'd like to read- and share your own view, then we invite you to join the discussion on the
Driving Conversations blog where we welcome your comments on various topics being discussed.
Fiction: GM is bringing back GM Europe
Nick Reilly is accountable for both. He will run Opel/Vauxhall while Wayne Brannon will continue to be in charge of Chevrolet Europe. Reilly has been named President GM Europe as part of GM’s s [...]
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Fiction: GM will not allow Opel to export its cars
It already has a small but loyal business in China. It attempted to sell in India, but didn’t build the necessary reputation, was losing money and pulled out. The same thing happened with Japan [...]
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Fiction: German taxpayers are paying to restructure Opel
At that time, 65 percent of Opel was held in a trust. By the end of November, the 1.2 billion euros which was used to keep Opel afloat had been repaid – along with 24 million euros in interest. [...]
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Fiction: Germany suffers disproportionately in the Opel/Vauxhall job cuts.
First, no definite decisions about the number of reductions have been made. Second, GM has been clear all along that it must reduce capacity by approximately 20 percent to reflect current market [...]
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Fiction: GM stated in its third quarter financial report that it had $42.6 billion in cash therefore it doesn’t need support from European governments to restructure Opel.
Much of that money will be needed for such things as the Delphi solution as well as completing restructuring in the US. We also have some of that money in an escrow account for disasters in the U [...]
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