January 27, 2014 / 12:06 PM / 4 years ago

General Motors CEO says Opel is vital part of automaker

RUESSELSHEIM, Germany (Reuters) - General Motors Co’s (GM.N) new chief executive, Mary Barra, on Monday said lossmaking European unit Opel was a vital part of the automaker.

    “It is no accident that I chose to come to Germany. I thought it was very important to reinforce my commitment to Opel, Opel is clearly a vital part of our company,” said Barra, who took the top job earlier this month.

    In April 2013, General Motors said it would invest 4 billion euros ($5.5 billion) to fund 23 new models and 13 new engines by 2016 to overhaul Opel’s ageing product range.

    Reporting by Edward Taylor; Editing by Victoria Bryan

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below