Opel had 2003 oper loss of 400 mln euros - report


FRANKFURT, Jan 29 (Reuters) - Adam Opel, the German unit of auto giant General Motors Corp. , had an operating loss of about 400 million euros ($495.2 million) for 2003, a German newspaper reported, citing company sources. The Frankfurter Allgemeine Zeitung said in an advance copy of Friday's edition that the reason for the big loss was lower-than-expected sales. It said the second half of the year had been hit by strong competition and rebates. An Opel spokesman declined to comment. The ...

Premium Content (PAID Subscription Required)

"Opel had 2003 oper loss of 400 mln euros - report" 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: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×