Opel to launch sales in China, Australia: report

25th August 2010, Comments 0 comments

General Motor's European unit Opel will soon launch exports in new foreign markets, with China and Australia topping the list, a press report said.

Opel will export cars for the first time under its own brand to countries outside Europe, the Frankfurter Allgemeine Zeitung (FAZ) reported in a article to be published on Thursday but released in advance.

"We will begin this year with sales in China," the German-language daily quoted Opel boss Nick Reilly as saying.

The automaker is aiming at five new markets overall, with Australia to come next, followed by two unnamed South American countries, the newspaper said, without giving further details.

The plan is another step aimed at getting Opel back into the black but approval by its parent GM, which has recovered from bankruptcy and is now seeking to offer new shares, was not a given, the FAZ added.

Until now, vehicles made by Opel were only sold outside Europe under GM's Buick nameplate.

© 2010 AFP

0 Comments To This Article