Opel Automobile GmbH (Opel, pronounced [ˈoːpl̩]) is a German automobile manufacturer, a subsidiary of the Groupe PSA since 2017. In March 2017, the French automobile manufacturer Groupe PSA agreed to acquire Opel from General Motors. The acquisition was approved by the European Commission regulatory authorities in July 2017. Opel's headquarters are in Rüsselsheim, Hesse, Germany. The company designs, engineers, manufactures and distributes Opel-branded passenger vehicles, light commercial vehicles, and vehicle parts for distribution in Africa, Asia, Europe, and South America. Opel designed and manufactured vehicles are also sold under the Buick brand in the United States, Canada, Mexico, and China, the Holden brand in Australia and New Zealand, and the Vauxhall brand in the United Kingdom.
Opel traces its roots to a sewing machine manufacturer founded by Adam Opel in 1862. The company began manufacturing bicycles in 1886 and produced its first automobile in 1899.
Opel became a share-limited company (German: Aktiengesellschaft) in 1929; General Motors took a majority stake in Opel that same year. General Motors assumed full control in 1931.
During the 1970s and 1980s, the Opel and Vauxhall ranges were rationalised into one consistent range across Europe.
Opel withdrew from China, where it had a network of 22 dealers, in early 2015 after General Motors decided to withdraw its Chevrolet brand from Europe starting in 2016....LESS
PARIS (AP) — The maker of Peugeot and Citroen cars finalized its $2.5 billion takeover of General Motors' European brands, Opel and Vauxhall, and named new management on Tuesday to chart an attempted turnaround.