Word: corsa
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Dates: during 2000-2009
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...Even when it works, a scrapping scheme won't guarantee that the money will go to domestic carmakers. In Germany, sales of the Volkswagen Polo and Opel Corsa have been boosted by the government's initiative, but a surge in orders for Italy's Fiat and Renault of France means "two-thirds of the additional sales are imported cars," says Ferdinand Dudenhöffer, an auto-industry expert at the University of Duisburg-Essen. "And most of the German cars which are booming are at least partly produced elsewhere...
...needs a huge loan to create new fuel-efficient models. Both Ford and General Motors have an excellent range of fuel-efficient models in their overseas car plants, so all Detroit has to do is to apply their overseas expertise in the U.S. I drive a 1.2-liter Opel Corsa (made in Germany) and our second car is a 0.8-liter Chevrolet Matiz (made in Korea). These cars aren't "gas guzzlers." Jan Nieuwenhuizen, DORDRECHT, NETHERLANDS...
Opel was one of the first Western firms to move east to Eisenach after the Berlin Wall fell in 1989, and it pulled an army of suppliers and service companies in its wake. On Adam Opel Street, Lear Corporation makes seats for the Corsa, while parts makers Mitec AG and Robert Bosch are across town. Uwe Laubach, head of the local chapter of the IG Metall union, says as many as 900 temporary workers in the local auto industry have lost their jobs in recent weeks. "The situation is dramatic," says Michael Lison, head of the industry association Automotive...
...three weeks as GM Europe tries to adjust to falling demand for its cars. Opel was one of the first western firms to set up shop in Eisenach after the fall of the wall in 1989. The factory, which employs some 1,800 people, now produces GM's popular Corsa model for export around Europe and beyond. The town (population 40,000) has also become home to suppliers such as component maker Bosch, machine servicing firm Hormann, and Lear, which makes seats for the Corsa. "Eisenach lives from Opel," says Uwe Laubach, head of the local branch...
With the largest presence in China of America's Big Three, GM is well positioned to grab an early lead in selling to the nation's growing middle class. The company is ramping up production of its compact Buick Sail (based on its Opel Corsa design). Other foreign automakers planning to produce compacts in China include Ford, Volkswagen, Toyota and Citroen...