Opel May Beat 2016 Break-Even Deadline, CEO Tells Journal

Newswire

April 14 (Reuters) - General Motors Co's loss-making European unit, Opel, may break even before its 2016 deadline, the Wall Street Journal reported, following an interview with the unit's chief executive, Karl-Thomas Neumann. Neumann he was sticking to his official target to return Opel to break-even in 2016 but did not rule out an earlier return to profitability. Analysts have suggested that Opel could turn profitable as early as next year, the Journal said. "If everything goes ...

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