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Wednesday, April 7, 2010 as of 11:14 AM ET

Adam Opel GmbH

Adam Opel AG (Opel) is a German automobile company founded by Adam Opel in 1862. Opel has been building automobiles since 1899, and became an Aktiengesellschaft in 1929. The company is headquartered in Rüsselsheim, Germany.

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Opel's Eisenach Plant May Lose Corsa Production -Report

Adam Opel AG, the German unit of General Motors Co.

(GM), may relocate the production of Corsa models from Germany after 2014, according to a Saturday pre-release in Focus magazine, according to which Adam Opel Chief Executive Officer Karl-Friedrich Stracke is checking out internally the option of relocation, due to model change.In Germany, Corsa models are currently produced in Eisenach. Should that be stopped, it might benefit the Spanish city of Zaragoza, according to Focus.In Zaragoza in 2011, around 216,000 Corsa models were produced, besides the minivan Meriva and pickup truck Combo, Focus says, adding, that according to its information, the Zaragoza plant is currently running at a 59% capacity use, due to weak demand for Opel models.An Opel spokesman tells Focus that the question about the future Corsa plant is not on the agenda "because the car is in the middle of its life cycle."Without the Corsa model, the future of the Eisenach plant would depend on the success of the small ...

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