Opel has one of the longest traditions of any automobile manufacturer in the world and is one of the biggest European car manufacturers. Adam Opel founded the company in Rüsselsheim am Main in 1862.
The company started building automobiles in 1899 and has been democratizing automotive innovations and making them available to all sections of society ever since.
Opel has been part of Groupe PSA since August 2017.
Opel and its British sister brand Vauxhall are represented in more than 60 countries around the globe and produce their passenger cars and light commercial vehicles in several countries. Opel/Vauxhall sold around one million vehicles around the globe in 2019.
Every Opel/Vauxhall vehicle is developed in the R&D Center in Rüsselsheim, which has also been awarded important global development responsibilities for the entire Groupe PSA.
Opel is successfully implementing its PACE! company plan. It has enabled the company to become sustainably profitable and to go global and electric. Opel delivered a record operating profit of €1.1 billion in 2019.
In addition, Opel is continuing its model offensive in growing segments and is preparing its product portfolio for a sustainably successful future in view of the ambitious global emission targets. Opel is proactively addressing the profound changes that the entire automotive industry is facing, above all due to electro-mobility.
Hardly any other car manufacturer has such a consistent electrification strategy as Opel: By 2024 already, all European passenger car models will offer an electric variant – either as pure battery electric vehicles or plug-in hybrids – in addition to the highly efficient combustion engine.
Opel/Vauxhall will have four new electrified models on the market in 2020 already. The Grandland X plug-in hybrid and the battery electric Corsa-e are already available, the Vivaro-e van and an electric version of the successor of the successful Mokka X compact SUV will follow during the course of the year.
Opel is also participating in other important projects in the field of electro-mobility. Together with partners, the company is turning its home town of Rüsselsheim into Electric City and creating an extensive charging infrastructure. Opel and its partners are also conducting research into the ideal power grid of the future within the scope of the E-Mobility-LAB Hessen.
Opel will cover the entire value chain of electro-mobility: On the one hand, the company has access to electric motors thanks to its parent company’s joint venture. On the other hand, an investment of €2 billion is planned for the production of battery cells in Kaiserslautern.
Opel is prepared for the stricter emissions targets set by the European Union thanks to its comprehensive electrification strategy and its efficient internal combustion engines.