Alfred P. Sloan, Jr., and Charles Erwin Wilson ("Engine Charlie" Wilson), GM's president, were considering the options. Later in April, Sloan sought to resolve the differences of opinion with a position paper that he hoped would set up conditions for resuming control of Opel that would put at rest the doubts of GM's more conservative financial minds.
The company was founded in Rüsselsheim, Hesse, Germany, on 21 January 1862, by Adam Opel. In the beginning, Opel produced sewing machines. In 1888, production was relocated from a cowshed to a more spacious building in Rüsselsheim. Opel launched a new product in 1886: he began to sell high-wheel bicycles, also known as penny-farthings. Opel's two sons participated in high-wheel bicycle races, thus promoting this means of transportation. The production of high-wheel bicycles soon exceeded the production of sewing machines. At the time of Opel's death in 1895, he was the leader in both markets.
Sloan suggested that GM take the helm of Opel again for a two-year "probationary" period to see whether the economic conditions, then called "close to stagnation" in Germany, would improve. Sloan set other important goals: "General Motors should risk no additional capital in Opel. Credit facilities should be available. We should have complete freedom in personnel policies and administration. The products produced by Adam Opel AG should be solely within the jurisdiction of management, and if prices had to be approved by government authority, a reasonable return on the capital should be allowed."
The Calibra, styled by the American head of GM design Europe, Wayne Cherry (retired), is considered by some the most stylish Vauxhall/Opel ever, but being based on the Vectra chassis its ride and handling were not significantly better than that of the family car from which it grew. It was, however, the most aerodynamically efficient Opel everwith a drag coefficient (Cd) of 0.26. It remained the most aerodynamic mass production car for the next 10 years, until the Honda Insight was launched in 1999 with a Cd of 0.25.
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the Chevy Chevette, while a MUCH better car than the Vega was at the time, and even now, that’s not saying a whole lot, other than it WAS infinitely more durable and longer lasting and reliable than the Vega, though by ’76, the Vega was decent enough, but the damage was done. I know as my Mom drove a ’76 Vega from roughly 78-83 with the only major thing being the carb being rebuilt around 1980. The Chevette was basically a redesigned Kadett/Vauxhaul Chevette.