"In total (for 2010) we are looking at a loss of about 2.0 billion dollars or 1.4 billion euros"According to Opel head Nick Reilly, the Opel is stearing into a loss of 1.4 billion euros in 2010. This is a huge amount!
Opel, which operates under the Vauxhall brand in Britain, has been in difficulties for years and its market share has fallen.
When you want to be a volume producer, but your cars just don't measure up and thus you face diminishing sales, your margins disappear and you are deep into the red!
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