Other events which would powerfully affect Opel's future were taking place in 1948. In February and March, a GM study group came to Germany to investigate every aspect of Europe's economic situation and Opel's special problems. On their return, they submitted a report on 26 March recommending that General Motors resume control of Opel. On 5 April, however, GM's financial policy committee concluded, "in view of the many uncertainties surrounding the operation of this property, the Corporation is not justified in resuming the responsibility for its operation at this time..." GM, it seemed, did not want Opel.
What I love about this series of videos is their diversity. According to the literature, this Kadett was produced for three years, so obtaining parts for the restoration must have been very challenging. Production of the 1 liter, OHV, I4 engine starts with this car, and continues for 30 years, with minor variations. From the beginning the engine had advanced features for the period such as aluminum pistons; a hydraulically tensioned, chain driven cam shaft; hollow push rods; and an aluminum intake manifold. The fact that this engine has never been apart says a thing or two about their longevity.
In 1935 the time was ripe for the people’s car – from Opel, mind you. The P4 presented in November rolled of the assembly line soon thereafter. The four-seater with four-cylinder four-stroke engine – according to the P4 brochure “like the most expensive cars in the world” – cost only 1,450 Marks in the standard version. “How is this possible? To offer so much value, a real full-out automobile that even exceeds expectations for so little money?” The answer was clear: thanks to state-of-the-art mass production. This also came into play shortly thereafter with the Kadett 1, which also took over the design of the Opel Olympia. This made it one of the first German cars to feature a self-supporting all-steel body, which was more comfortable, safer and more durable than the conventional frame structures.
Overcoming these and other obstacles, Opel finally celebrated the completion of the first postwar Opel Blitz truck on 15 July 1946 in the presence of United States Army General Geoffrey Keyes and other local leaders and press reporters. Priced at 6600RM, the truck was designed to run either on gasoline or on wood gas, for which a gas generator could be supplied. With a ceremonial bouquet of flowers flying from its rear-view mirror, this historic Opel Blitz left the factory gate bound for a buyer in Wiesbaden on 26 July. Further production followed at a rate of 150 a month, and by the end of 1946, the production total was 839. Frigidaire refrigerators were also being made at Rüsselsheim, as were Olympia engines for the NSU Kettenkrad.
Opel's relationship to GM in America during the war has been disputed. Alfred P. Sloan's memoir indicates that when the war started, as Germany nationalised many foreign-owned industrial assets, GM's contact with Opel was broken and remained that way for the rest of the war. Other writers have alleged that even after June 1940, official connections between Opel and America were not broken, and monetary gain by Americans continued throughout the war.
In March 2017, Groupe PSA agreed to buy Opel, its British sister brand Vauxhall and their European auto lending business from General Motors for US$2.2 billion. In return, General Motors will pay PSA US$3.2 billion for future European pension obligations and keep managing US$9.8 billion worth of plans for existing retirees. Furthermore, GM is responsible for paying about US$400 million annually for 15 years to fund the existing Great Britain and Germany pension plans.
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The Opel Calibra is a coupé, engineered and produced by the German automaker Opel between 1989 and 1997. In the United Kingdom, where it remained on sale until 1999, it was marketed under the Vauxhall brand as the Vauxhall Calibra. It was also marketed as the Chevrolet Calibra in South America by Chevrolet, and the Holden Calibra in Australia and New Zealand by Holden.
While the Ipanema clearly succeeded the Marajó, production of the Chevette (by now in sedan form only, the hatchback having been discontinued after the 1987 model year) and of the Kadett noticeably overlapped; the newer model was placed above the old one in Chevrolet's lineup. While Chevrolet entertained the possibility of a pick-up version of the Kadett E, it never materialized.