Friday, August 1, 2014   

Opel aims to return to profit in 2015
(04-14 18:21)

Loss-making German automaker Opel, a unit of General Motors, could steer back to profit as early as next year, its chief said in an interview on Monday.
"If everything goes well, theoretically that can't be ruled out,'' even if the official target remains 2016, Karl-Thomas Neumann told the Wall Street Journal.
Opel has been running at a loss of years and has embarked on a deep restructuring, closing its plant in Antwerp, Belgium, and its factory in Bochum, Germany, to shut its doors at the end of this year.
The launch of new models such as the sporty compact Adam and the small sports utility vehicle Mokka, has started bringing customers back. --AFP
   
Other Business breaking news:
Hang Seng ends lower (08-01 16:45)
Societe General logs strong quarterly profit (08-01 16:20)
European markets open lower (08-01 15:44)
Sharp logs US$17.4m first-quarter net loss (08-01 14:38)
Nikkei tracks Street losses (08-01 14:09)
Hang Seng eases at lunch (08-01 12:35)
Nikkei down at mid-day (08-01 11:13)
China home prices fall faster in July (08-01 11:12)
Wall Street plunges on sell-off (08-01 10:48)
China manufacturing activity surges in July (08-01 10:34)

More breaking news >>

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