Opel Continues to Grow in Europe

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Thread: Opel Continues to Grow in Europe

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    Opel Continues to Grow in Europe

    Opel Media Online
    2015-04-09

    - Sales increased by around 8,500 units in first three months of 2015
    - Market share grew, market share gains in 11 European markets



    Rüsselsheim. Opel is on the right track: with 279,306 new registrations in the first quarter of 2015, the automaker’s sales were considerably higher than the same year-ago period according to preliminary figures. The sales increase of around 8,500 cars is a plus of 3.1 percent. With this, Opel and its British sister brand Vauxhall grew slightly more than the overall European vehicle market‘s 2.8 percent increase. The automaker was also able to continue its positive market share trend from 2013 and 2014, slightly increasing it over the same year-ago period to 5.83 percent.

    Peter Christian Küspert, Vice President Sales and Aftersales, Opel Group, was pleased with market share growth in a total of 11 European markets. “In countries like the UK, Spain, Italy, Poland and Turkey, demand is considerably higher than last year. With our young and attractive model portfolio, we benefit from this.”

    The compact Mokka SUV, which continues to be extremely popular and leads its segment in countries like Italy and Germany, is a major momentum driver. In the first quarter of 2015, the Rüsselsheim automaker surpassed the 50,000 mark for new passenger car registrations on its home market in Germany: exactly 51,584 (year-ago period: 49,965) new Opel cars hit the roads. The best month was March, when Opel increased its new registrations to 23,044 (March 2014: 22,131), a market share of 7.1 percent. The Opel passenger car market share in the first quarter of 2015 was 6.8 percent in Germany.

    The light commercial vehicle (LCV) business showed a clear upwards trend. Opel improved market share in the European LCV field to 4.2 percent in the first quarter of 2015 – the best quarterly market share since 2009 thanks to the new Vivaro and Movano models. Peter Christian Küspert says, “The LCV business offers tremendous potential for growth and it is a key pillar of our long-term plan DRIVE! 2022.”

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    Re: Opel Continues to Grow in Europe

    I'm curious, how many markets are there in Europe?
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    Re: Opel Continues to Grow in Europe

    I forget if they combined Russia with Europe or did the opposite. If combined I'd say this is probably more impressive as we all know Russia has tanked (not that they are a big source of volume, but still....).

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    Re: Opel Continues to Grow in Europe

    Quote Originally Posted by BlackGTP View Post
    I forget if they combined Russia with Europe or did the opposite. If combined I'd say this is probably more impressive as we all know Russia has tanked (not that they are a big source of volume, but still....).
    AFAIK Russia is now included - the old GM Europe was closed with Russia being transferred to Opel, which was then renamed GM Europe!

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    Re: Opel Continues to Grow in Europe

    Quote Originally Posted by paul8488 View Post
    I'm curious, how many markets are there in Europe?
    In what way? Each country presents Opel/Vauxhall with different issues - quite different in some cases.

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    Re: Opel Continues to Grow in Europe

    Quote Originally Posted by Ruperts Trooper View Post
    In what way? Each country presents Opel/Vauxhall with different issues - quite different in some cases.
    Is there not a generally accepted break-up? They say that they're up in 11, which is fantastic if there are 12, but not so great if there are 75. I know it's neither, just thought it would be interesting to know how many markets GM treats Europe as.
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    Re: Opel Continues to Grow in Europe

    Quote Originally Posted by paul8488 View Post
    Is there not a generally accepted break-up? They say that they're up in 11, which is fantastic if there are 12, but not so great if there are 75. I know it's neither, just thought it would be interesting to know how many markets GM treats Europe as.
    I guess that's by country - there's currently 28 countries with full EU membership and a further 8 in the process of applying and a number of European countries not aligned with the EU about 50 in total.

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    Re: Opel Continues to Grow in Europe

    Why is it that every time we see a glowing article about Opel it turns out to be written by, you guessed it, Opel.
    I'm just sayin'...

    Opel, please report back once you stop bleeding.

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    Re: Opel Continues to Grow in Europe

    Quote Originally Posted by minnfang View Post
    Opel, please report back once you stop bleeding.
    That "bleeding" is life-saving transfusions for Detroit.

    Published "losses" are down to the artificially high charges for management and intellectual property - no different to any other multi-national.

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    Re: Opel Continues to Grow in Europe

    Quote Originally Posted by minnfang View Post
    Why is it that every time we see a glowing article about Opel it turns out to be written by, you guessed it, Opel.
    I'm just sayin'...

    Opel, please report back once you stop bleeding.
    Opel is the development engine for much of GM's platforms. They can bleed as they need to.

    GM should bring more Opels to NA

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    Re: Opel Continues to Grow in Europe

    While things aren't great, things are looking better for Opel/Vauxhall and they are just starting to rehaul/expand their lineup.

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    Re: Opel Continues to Grow in Europe

    Quote Originally Posted by Butz View Post
    Opel is the development engine for much of GM's platforms. They can bleed as they need to.

    GM should bring more Opels to NA
    They make beautiful, competent cars.

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    Re: Opel Continues to Grow in Europe

    Quote Originally Posted by Ruperts Trooper View Post
    That "bleeding" is life-saving transfusions for Detroit.

    Published "losses" are down to the artificially high charges for management and intellectual property - no different to any other multi-national.
    You keep saying this but do you have any proof of it?

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    Re: Opel Continues to Grow in Europe

    Quote Originally Posted by wallus13 View Post
    You keep saying this but do you have any proof of it?
    I know how multi-nationals work - without sight of Opel/Vauxhall's confidential management accounts, no-one can have proof - published accounts only show the figures after "optimisation".

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    Re: Opel Continues to Grow in Europe

    Quote Originally Posted by Ruperts Trooper View Post
    I know how multi-nationals work - without sight of Opel/Vauxhall's confidential management accounts, no-one can have proof - published accounts only show the figures after "optimisation".
    Didn't Opel used to have market share over 10%? If so, I don't think it is much of a stretch to think they are unprofitable.

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