Opel will be manufacturing its new-generation Corsa model in Spain by 2013, GM Europe President Nick Reilly told Spanish newspaper Expansion. By that time, Opel will resume full capacity at its Zaragoza plant in northern Spain. He further stated that it is GM's plan for the facility to be kept at full capacity.
Moreover, Reilly stated that he expects GM Europe to reach breakeven in 2011 and achieve a profit in 2012, compared with a $637 million loss in 2010.
Additionally, he disclosed that Opel's orders are "still very strong" just like the rest of the carmakers. Even thought the market is "weak," there are no indications that the company will have a "bigger crisis," Reilly added. The workers at Opel are pushing GM to transfer additional production to Europe by manufacturing the next-generation of several models there.
In October, Opel union boss Klaus Franz informed Automotive News Europe that he wants the facilities in Germany, Spain and Poland to be selected versus GM's factory in South Korea to develop the next-generation Antara and Agila as well as a new small crossover positioned beneath the Antara.
He further stated that the Zaragoza facility requires more volume after the output of Combo vans was transferred to Turkey and some Corsa volume had been moved to Germany. [source: Reuters]