Opel will stop importing cars into Europe from GM's South Korean plants, which adds to currency risks and ties up working capital, Lohscheller said. The move will improve production capacity in its European factories where the PACE plan targets 100 percent utilization by 2020.
As for the Indy piece of the Triple Crown, Alonso famously raced there this year and was running competitively when his Honda engine failed in the closing stages of the race. So expect to see him there again as well.
As soon as the covers were pulled off the Arona, we swooped in to get the inside line from our readers – and potential SEAT customers.
Most people people buy their cars on finance these days, but if you like to swap into something new every few years, it can actually be cheaper to take out a personal contract hire agreement.
But what’s it like today?
• Recaro front sport seats
Theft of materials was common. The company paid suppliers by check rather than wire transfer.
Opel has already dipped its toes into the Chinese and Russian markets. It sold about 5,000 cars annually in China in the early part of the decade, but sales were limited because of high tariffs on imports. The brand was also launched in Russia with some success over a decade ago, but sales came to an end when GM pulled out of the country in 2015 following a major market downturn.
Miller was named assistant treasurer in 1947, assistant controller in 1953 and corporate controller later that year.