Adam Opel GmbH · Rüsselsheim Germany
Company Description
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This link will open in a new window Adam Opel is the opel of GM's European eye. The company, a wholly owned subsidiary of GM for 80 years, is the core of GM's business in Europe. Opel's passenger cars (Astra, Zafira, Vectra, and electric Ampera), along with its light commercial vehicles (Combo and Movano) represent over 90% of GM's total sales in Germany. Opel is the third most popular brand in Germany, behind Volkswagen and Mercedes-Benz , and it is GM's second biggest selling brand after Chevrolet . It offers International and Diplomat Sales (IDS) to customers in international organizations, the military, and in diplomatic service. In light of the terrible conditions in the auto business, Adam Opel is seeking government aid and investments. To read the full description, subscribe now.
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Key Adam Opel GmbH Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $14,684.0 |
| Employees | 25,000 |
Adam Opel GmbH Executives
16 executives listed for Adam Opel GmbH's Rüsselsheim, location.
| Title | Name & Bio | Contact |
| Chairman Supervisory Board | Carl-Peter Forster | Network |
| Managing Director | Hans Demant | Network |
| Executive Director Finance | Marco Molinari | Network |
Competition
Competitive Landscape for Adam Opel GmbH
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top Adam Opel GmbH Competitors
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