FRANKFURT, Nov 20 (Reuters) - General Motors' German unit Opel will make an operating loss of about 300 million euros ($350.7 million) in 2005, less than earlier expected, a German news magazine reported on Sunday. Citing company sources, a preview of an article to appear in Focus magazine said management had in August expected Opel to be about 340 million euros in the red at the end of the year. Focus quoted Opel sales director Jean-Marc Gales as saying profit margins had risen, ...
Premium Content (PAID Subscription Required)
"GM's Opel to stay in the red in 2005 - magazine" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642