General Motors' loss-making European brand Opel is currently running at 70 percent capacity in three-shift operation, Opel production chief Peter Thom said, dismissing press reports that it was far lower.
"In two-shift operation, utilization is around 100 percent," he told Reuters on Wednesday.
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Given the high amount of fixed costs when manufacturing cars, the utilization of existing production capacity in factories is a crucial determining factor for earnings.
German press had recently reported Opel plants in Europe were running at half their capacity, far below the 80-85 percent generally needed for a carmaker to be profitable.
Earlier, GM pledged to invest 4 billion euros ($5.2 billion) in Opel by the end of 2016 to support new model launches.
($1 = 0.7658 euros)
(Reporting By Christiaan Hetzner)