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    Opel Plans To Get Closer With GM In Order To Get Back To Profitability


    • Opel Has Big Plans To Get Back To Profitability

    Opel CEO Karl-Thomas Neumann told reporters at a briefing that he confident the automaker will return to profit by 2016, and become the number two in the European passenger car market by 2022. A bit ambitious to say in the least. How does Opel plan on doing this? Well the automaker has been working on hard on cutting losses by improving the utilisation of plants, increasing sales revenue, closing one of their plants, and cutting costs on product and structural items.

    "I have a lot of confidence about achieving our interim goal," Neumann said about the profit goal.

    As for becoming the number two automaker in the European marketplace, Opel plans on launching 27 new models and 17 new engines between 2014 and 2018. Opel also plans on getting closer to General Motors by utilizing more technologies from the company and strengthening its relationship with Buick.

    Source: Reuters

    William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster.

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      Model: Optima
      Trim: SXL
      Engine: Turbocharged 2.0L DOHC Four-Cylinder
      Driveline: Six-Speed Automatic, Front-Wheel Drive
      Horsepower @ RPM: 245 @ 6,000
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      Fuel Economy: City/Highway/Combined - 22/32/25
      Curb Weight: 3,594 lbs
      Location of Manufacture: West Point, Georgia
      Base Price: $35,790
      As Tested Price: $36,615 (Includes $825.00 Destination Charge)
      Options:
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    • By William Maley
      When I go back and look at the various Kia Optimas I have driven for Cheers & Gears, there has been one variant that I haven’t driven, the 2.0L turbo-four. But this changed back over the summer when a 2016 Kia Optima SXL came into the Cheers & Gears’ Detroit bureau for a week-long evaluation. The SXL serves as the Optima’s flagship trim with more premium materials and the turbo-four.
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      Year: 2016
      Make: Kia
      Model: Optima
      Trim: SXL
      Engine: Turbocharged 2.0L DOHC Four-Cylinder
      Driveline: Six-Speed Automatic, Front-Wheel Drive
      Horsepower @ RPM: 245 @ 6,000
      Torque @ RPM: 260 @ 1,350-4,000 
      Fuel Economy: City/Highway/Combined - 22/32/25
      Curb Weight: 3,594 lbs
      Location of Manufacture: West Point, Georgia
      Base Price: $35,790
      As Tested Price: $36,615 (Includes $825.00 Destination Charge)
      Options:
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      Engine: 5.7L 32-Valve, DOHC Dual VVT-i V8
      Driveline: Eight-Speed Automatic, Full-Time Four-Wheel Drive
      Horsepower @ RPM: 383 @ 5,600
      Torque @ RPM: 403 @ 3,600
      Fuel Economy: City/Highway/Combined - 13/18/15
      Curb Weight: 6,000 lbs
      Location of Manufacture: Aichi, Japn
      Base Price: $88,880
      As Tested Price: $96,905 (Includes $940.00 Destination Charge)
      Options:
      Mark Levinson Audio System - $2,150.00
      Dual-Screen DVD Rear-Seat Entertainment System - $2,005.00
      Luxury Package - $1,190.00
      Heads-Up Display - $900.00
      Cargo Mat, Net, Wheel Locks, & Key Glove - $250.00
      All-Weather Floor Mats - $165.00
      Heated Black Shimamoku Steering Wheel - $150.00
      Wireless Charger - $75.00

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      Most luxury SUVs will never go fully off-road. The closest they’ll ever get is driving down a gravel road. But that doesn’t mean some automakers aren’t filling them with the latest off-road for that one person who decides to. Case in point is the LX 570. Lexus’ variant of the Toyota Land Cruiser has been updated inside and out to try and draw buyers away from the usual suspects in the class.
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      Driveline: Eight-Speed Automatic, Full-Time Four-Wheel Drive
      Horsepower @ RPM: 383 @ 5,600
      Torque @ RPM: 403 @ 3,600
      Fuel Economy: City/Highway/Combined - 13/18/15
      Curb Weight: 6,000 lbs
      Location of Manufacture: Aichi, Japn
      Base Price: $88,880
      As Tested Price: $96,905 (Includes $940.00 Destination Charge)
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      Dual-Screen DVD Rear-Seat Entertainment System - $2,005.00
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      Heads-Up Display - $900.00
      Cargo Mat, Net, Wheel Locks, & Key Glove - $250.00
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      Heated Black Shimamoku Steering Wheel - $150.00
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      View full article
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