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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.
All four tyres had to be of the same make and model, and all four tyres had to be replaced at the same time — if one tyre was damaged or punctured, the three remaining good tyres also had to be replaced. In addition there were other maintenance requirements which were both exacting and unusual. Neglect of these points through ignorance or a misconceived attempt to save money was common, and was likely to lead to very expensive failures of the transfer gearbox.
The decklid badge says it's an automatic, but there's a four-speed manual inside. Was it a decklid or transmission swap? Either way, these cars were very, very cheap; the MSRP on a 1967 Kadett two-door sedan was $1,657 (about $12,500 in 2018 dollars), which compared favorably to the $1,639 Volkswagen Beetle that year. The Kadett had 54 hp to the Beetle's 53 (and weighed 93 fewer pounds than the Volks, to boot), so it was a bit quicker. On top of that, it had a heater that worked, plus a design dated a lot later than the late 1930s. Of course, most American car buyers looking for something economical preferred stripped-down versions of "traditional" American cars, e.g., the Chevy II ($2,090), the AMC Rambler American 220 ($2,073) the Ford Falcon ($2,118), or the Plymouth Valiant ($2,017). The Corvair two-door was $2,128 that year, too, and let's not forget the $1,790 Toyota Corona sedan.
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.
The Kadett A (above) finally appeared in 1962, and was a classic GM/Opel effort: highly pragmatic, conventional in every respect, reasonably stylish for its time, and designed to deliver a good bang for the buck. In just about every way possible, it was the antithesis of the VW: front-engine rwd, a rather tinny but roomy body, highly tossable but with a primitive suspension and ride, a very roomy trunk, and excellent visibility as well as economy. Oh, and a proper heater even! Its little 987 cc OHV four made 40 net/46 gross hp, six more than the VW 1200. Its trim fighting weight of 1475 lbs (670 kg), some two hundred pounds less than the VW, showed in both its acceleration and body integrity.