With these guidelines in mind, the Opel question was put again on 3 May to the GM financial policy committee, which then withdrew its objections to a return to Rüsselsheim. Many details still had to be worked out, both within GM and in the US-occupied zone of Germany, before this could actually occur. At last, the official word was released on 1 November 1948; GM resumed management control of Adam Opel AG. Edward W. Zdunek, formerly regional manager for Europe of General Motors Overseas Operations Division, was named managing director.
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.
Rüsselsheim. The eagerly-awaited new Opel Corsa GSi has arrived! After the Insignia, the Corsa is the second GSi model now on offer. The newcomer impresses with its ultra-precise OPC chassis – for exemplary handling and short braking distances. The Corsa GSi is powered by Opel’s lively 1.4-liter turbo with 110 kW/150 hp and 220 Nm of torque (fuel consumption l/100 km: 8.0-7.7 urban, 5.5-5.1 extra-urban, 6.4-6.0 combined, CO2 g/km 147-138 combined). The four-cylinder power unit features a special GSi-calibration for increased responsiveness. Mated to a short-ratio, six-speed gearbox, the engine delivers outstanding punch in second and third gears, as well as a maximum torque plateau from 3,000 to 4,500 rpm.
The Latin American Corsa received a small facelift in 1999, with smoother bumpers, and from April 2002 (when the new Corsa II was introduced) the Corsa B began being marketed as the "Corsa Classic" until 2010, where it became the "Classic" when the Corsa B derived Chevrolet Sail and Chevrolet Celta replaced it. Production finally ceased in October 2016.
Power was initially from 2.0 L 8-valve (115 bhp) and 16-valve fuel-injected (156 bhp) four-cylinder engines. In 1992 a turbocharged 2.0 L engine (204 bhp) (a turbocharged version of the X20XE) was added to the range. With four-wheel drive, a six-speed Getrag manual transmission and a claimed top speed of 240 km/h (150 mph), this flagship model finally gave the Calibra the dynamics to match its looks.
The Kadett did seem to be all over in the late 60’s early 70’s time frame, but rapidly dissappeared from the scene by the end of the 70’s. Bay Buick-GMC in Torrance CA. had an Opel sign for many years, at least until the mid-90’s. Maybe they thought Opel was coming back. Back in the early 70’s I remember a family that had a light metallic green Kadett wagon. I though it was cool for no other reason than it was a 2 door wagon.
Opel also produced the first mass-production vehicle in Germany with a self-supporting ("unibody") all-steel body, closely following the 1934 Citroën Traction Avant. This was one of the most important innovations in automotive history. They called the car, launched in 1935, the Olympia. With its small weight and aerodynamics came an improvement in both performance and fuel consumption. Opel received a patent on this technology.
The GSi's engine mapping had been carried out by Opel tuning specialists Irmscher. A model with the 82 PS (60 kW) 1.4 L multi point fuel injected engine, which was otherwise mechanically identical to the GSi, also became available as the Nova SRi in the United Kingdom. In January 1988, a turbocharged version of the Isuzu diesel engine was introduced, with power increased to 67 PS (49 kW).