Jump to content
Create New...
  • 💬 Join the Conversation

    CnG Logo SQ 2023 RedBlue FavIcon300w.png
    Since 2001, Cheers & Gears has been the go-to hub for automotive enthusiasts. Join today to access our vibrant forums, upload your vehicle to the Garage, and connect with fellow gearheads around the world.

     

  • William Maley
    William Maley

    Rumorpile: Opel CEO's Secret EV Plan

      Opel's CEO had a plan to make the brand electric only

    As General Motors and PSA Group continue their discussions (and damage control) on the possible sale of Opel/Vauxhall, a secret plan being developed by Opel CEO Karl-Thomas Neumann has been put on the back burner for the time being.

    German magazine manager magazin reports that Neumann had been working on a plan that would see Opel transition to selling electric vehicles only in an effort to ensure the brand's survival. GM Europe has been losing money for the past 15 years. In 2016, the branch posted a $257 million loss.

    Neumann was worried that Opel didn't have the resources to develop both combustion engine and electric drivetrains. The plan would see Opel end sales of combustion vehicles by 2030. To pull this off, the plan would have Opel divide into 'old' and 'new'. Vehicles would be using GM's electric vehicle platform that underpins the Chevrolet Bolt and Opel Ampera-e.

    manager magazin says the board was going to make a decision on Neumann's plan this spring - May at the latest.

    Source: manager magazin

    User Feedback

    Recommended Comments

    It will be interesting to see what all is in play. So many just see the sale as a dump but there may be a bigger long term deal in play here.

    The tech aspect would help GM stock here too. It is tough to make money as an automaker but an automaker making advanced  technology stimulates stock. In some cased like Tesla to where they are way behind and slow getting new product out people still invest.

    Link to comment
    Share on other sites

    I can so see an EV Ute, EV CUV's, So many options of what Opel could do as an EV auto company.

    Buick Regal AWD EV! :metal:

    As I have said in many other threads, I truly believe there is great potential for a Mini Pickup Truck EV that inner city folks and city park departments would love to buy.

    Link to comment
    Share on other sites

    I think we have to wait and see how the sale/merger plans work out. I still see this as a possible advantage to GM.. getting rid of Opel in NAME.. and then ceasing control of FCA... which is possibly worth less in a deal than GM might get for Opel.. and basically infusing that company with its kno-how..  The real deal is if GM even needs FCA anymore.. as again the profit it made last year after a $1 Billion loss detracts from the fact that while they would lose market share.. they may have, if not for Opel dragging on profits made  $2 Billion more last year... as there was a cost of even getting to the break-even line before the extra $1B loss even occured. Could that money have been better spent investing in profitable GM products? The efficiencies of scale have done zero to null the high EURO production costs. This is the landscape right now... 

     

     

    europe.jpg

    Link to comment
    Share on other sites

    GM needs FCA like herpes. 

    FCA has shown profit but not a long term profit. They still have a heave debt over capital ratio. They also have more over capacity in Europe than Opel. 

    The profit they turned is like the way they say Alfa doubled sales in December in North America. They went from 23 cars in November to 54. Keeping in mind that they were projected to get to 150,000 units in North America and 400,00 units globally. This is a real problem as FCA needs volume more so than Jeep can supply.

    The only help FCA could get is once VW pays off the diesel deal  so they can buy Jeep and Ram. Then the rest of FCA goes away.  

    Wow Alfa is up to 5839 in Europe their biggest market. Lets see 400,000 - 5839 - 54 =............... to go. Way to go Sergio. 

    Edited by hyperv6
    Link to comment
    Share on other sites

    http://blogs.barrons.com/stockstowatchtoday/2017/02/16/general-motors-first-sell-europe-then-buy-jeep/

    Now here is an idea that may have merit.

    Sell Opel and buy Jeep. {I would skip Ram}

    Jeep is a true global brand as it has had a global presents Mix it in with a GMC brand. They would have to replace the Fiat based products but that would be a good thing.

    Jeep could open many market doors Chevy and other GM products struggle at.

    For sure more profit than Opel.

     

    • Agree 1
    Link to comment
    Share on other sites

    2 hours ago, hyperv6 said:

    http://blogs.barrons.com/stockstowatchtoday/2017/02/16/general-motors-first-sell-europe-then-buy-jeep/

    Now here is an idea that may have merit.

    Sell Opel and buy Jeep. {I would skip Ram}

    Jeep is a true global brand as it has had a global presents Mix it in with a GMC brand. They would have to replace the Fiat based products but that would be a good thing.

    Jeep could open many market doors Chevy and other GM products struggle at.

    For sure more profit than Opel.

     

    I like this idea, GMC could also do what many of us have always said from the very beginning, Hummer it should have been an Off Road package for GMC. 

    This with a GMC Grill would do wonders for the lineup and big bump in sales.

    2014-hummer-hx-concept-2a5zp3hf.jpg

    Link to comment
    Share on other sites

    No you would not touch the Jeep name as it holds so much equity.  You would keep the Wrangler and Cherokee names too.. The rest well let GMC address them.

    I would make GMC the Luxury truck division with up scale on all models and make Jeep the real off road and sport models.

    The Jeep name due to WWII and the thousands of vehicles left around the world due to war is a well accepted model much like  the old Land Rover was. Many do not see it as American or any other nationality as it is a Jeep.

    Now if GM does not buy Jeep as odds are working that way GMC should look into doing more real off road vehicles for their line. There is no plan for a ZR2 at GMC but that still should not stop them from making a Wrangler like competitor. GM is not boxed in by a style or shape so like they did with HHR they built a better PT Cruiser. GM could take and build a better Wrangler.

    Hummer should have been models under the GMC label and it would have been much easier to change and modify the product. Odds are we still would have had a GMC hummer of some kind around.

    Lutz said making Hummer a brand was one of his biggest mistakes. He said it should have been a GMC.

    • Agree 1
    Link to comment
    Share on other sites

    Back to Opel, would an EV run in Detroit or Minneapolis (or most of Canada) in the middle of a harsh winter?  Or in Europe, deep in northern Scandinavia?  If not, the EV will be almost strictly a Sunbelt vehicle.

    Link to comment
    Share on other sites

    3 hours ago, riviera74 said:

    Back to Opel, would an EV run in Detroit or Minneapolis (or most of Canada) in the middle of a harsh winter?  Or in Europe, deep in northern Scandinavia?  If not, the EV will be almost strictly a Sunbelt vehicle.

    Sure it will, the BOLT has already shown it can handle harsh winter weather in testing and I bet it will still hit 200 miles of range on a bitter sub freezing day.

    Remember, super capacitors work better in the cold than in the heat. The batters can also do that depending on packaging.

    • Agree 1
    Link to comment
    Share on other sites



    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.




  • Support Real Automotive Journalism

    Cheers and Gears Logo

    Since 2001, Cheers & Gears has delivered real content and honest opinions — not emotionless AI output or manufacturer-filtered fluff.

    If you value independent voices and authentic reviews, consider subscribing. Plans start at just $2.25/month, and paid members enjoy an ad-light experience.*

    You can view subscription options here.

    *a very limited number of ads contain special coupon deals for our members and will show

  • Similar Content

  • Posts

    • Very interesting the U.S. Governments investment in Canadian mineral companies. Trump's Takeover Of Canadian Rare Earths Miners Raises Major Concerns Canadian companies seem happy to have the U.S. government buy up their stock; seems the auto industry will have access to North American rare earth minerals replacing China 100%.
    • So guess the Yankee Ass is Kicking the Frenchie and British ass today on home turf!   Mariners vs. Blue Jays score, takeaways: Seattle takes commanding 2-0 ALCS lead behind Game 2 power surge - CBS Sports A Few take aways in that story on the Mariners over the Jays. 4 Takeaways from the Mariners' ALCS Game 2 Win Over the Blue Jays
    • Let just have this TV Show in Real Time and see who wins!      
    • I could see one of those going bankrupt and gone within the decade without any other company picking them up. Probably Ford.  At least GM has EV development on par to the best of the best in the world, which now would be from China.  I read somewheres that GM has 800V platform ready to go in China but will not release that here in North America for various reasons.  But in the long term of things concerning the global temperature around the US and how it conducts itself on the world stage, and from within, I dont think that an 800V platform will protect GM from the inevitable downfall that is to come BECAUSE of what is happening. Ford started this stackable EV platform network thing just a tad too late.  I dont think Ford makes the cut.  The F-150 has gotten to be too expensive for an average Joe to buy that if and when the US economy collapses, F-150 sales will mean jack shyte. Its only in North America where full sized pick-ups mean a damned thing.   I dont think when the US economy has tanked that full sized pick up truck sales will be all that important to any OEM.  Lets say Canada drops its Chinese EV tariffs and China floods the Canadian market and Canadians just outright gorges on Chinese EVs, the sales from Canada that GM and Ford make will be DEVASTATING to Detroit.  Ouur GM and Ford factories will close for sure.  But...the SUPPLY chains will also falter for GM and Ford from Canada... Maybe Canada brokers a deal for Chinese OEMs to take over former GM and Ford factories? Maybe Chinese OEMs construct new ones? Maybe China says no to that. Canada could also go to Stellantis and Mercedes/BMW/VAG and possiby Peugeot/Renault? Mexico and Canada do not have tariffs on cars being built in Canada or Mexico... This is a mess ANYWAY you slices it.   
  • Who's Online (See full list)

  • My Clubs

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

Write what you are looking for and press enter or click the search icon to begin your search