GM Efforts Failed To Achieve Profitability For OpelGeneral Motor‘s European subsidiary, Opel has contributed greatly to GM’s engineering and technology development. Despite this, Opel has had difficulty making profit. GM Vice Chairman and Opel’s supervisory board chairman, Stephen Girsky explained to Financial Times Deutschland, “Unfortunately, our plan for making Opel profitable this year did not work.” Analysts suggest causes for Opel’s unprofitability include [...] more
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