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Business

GM to invest $5.2bn in Opel

Published: 11 Apr 2013 - 01:21 am | Last Updated: 03 Feb 2022 - 02:30 am

Karl Thomas Neumann, Chief Executive of Adam Opel AG and President of General Motors Europe, giving  a speech at the Adam Opel AG headquarters in Ruesselsheim, Germany, yesterday. General Motors pledged to invest $5.2bn in Opel by the end of 2016 to support new model launches, renewing its commitment to its loss-making European brand.