De Lorenzi doesn’t expect big upside for Opel as result of Chevrolet exit from Spain.
MADRID – Nearly all of the 85 Chevrolet dealers in Spain have accepted settlement offers from General Motors following the automaker’s decision to pull the U.S. brand from the European market. In January, Chevrolet Spain offered its retailers (including the 35 who also sell Opels) compensation of about €600 ($828) per vehicle sold annually, with volumes based on a 3-year average of 2010-2012 results, prior to the big downturn in 2013. Dealers had until March 31 to agree to ...
Premium Content (PAID Subscription Required)
"Chevrolet Spain Dealers Surrender Unconditionally, Take GM Settlement Offer" 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: firstname.lastname@example.org or phone: (248) 799-2642