Word: opel
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...stalled. The manufacturers' response? Slash prices. Less than four months after it launched its new flagship Golf, Volkswagen last week announced it is throwing in free air-conditioning, the equivalent of an 8% discount on its base model. The move follows a 31,085 rebate offered by GM's Opel to early buyers of its new Astra, which is set to launch in March. In the U.K., many dealers now offer 0% financing - for years used to prop up the U.S. market - as a lure. "From the consumer's point of view, it's paradise, but it's a total...
...DIED. DURAID ISA MOHAMMED, 27, pictured top, and YASSER KHATAB, 25, employees of CNN who were killed when their car was attacked; south of Baghdad. They were in a two-car convoy that was fired upon by a gunman shooting through the sunroof of a rust-colored Opel. "There is no doubt in my mind that if our security adviser had not returned fire, everyone in our vehicle would have been killed," said CNN correspondent Michael Holmes, who was traveling in the other car in the convoy...
...employees have cause for optimism. Since taking it over in 1995 as a bankrupt business creating plastic manufacturing molds, Lenoir and Appli'Plast manager Jacques Vaillant have transformed the company into a producer of plastic components and accessories. End clients include carmakers Ford, Renault, Nissan and Opel, as well as appliance manufacturers. Unlike many small- and medium-sized businesses in France, Appli'Plast refused all financial aid offered by local and regional governments, says Lenoir. It has also not exploited the reduced labor charges on new employee hires arising from France's reduced 35-hour workweek - a measure Lenoir calls...
...Analysts say that VW's reputation for durability isn't suffering as much in Europe; its cars stack up well against rivals from Opel, GM's European subsidiary, and France's Renault (and far better than Italy's Fiat and France's Peugeot). In the U.S., the benchmarks for high quality are Toyota and Honda, nameplates that haven't sold as well in Europe (though that's changing). But the Golf V and its variants are facing a tougher European marketplace. The Golf will take on a new Opel Astra, which launches early next year, and faces formidable foes...
...roads out of Erbil to the north and west were filled with cars jammed to the gills, pickups loaded high. The family of Michael Ibrahim was stuffed into an Opel Vectra (11 people) and a beat up Nissan pickup (five in front, five small children perched on top of a mountain of the family's possessions tied down with yellow nylon rope in the back). A baby cradle was tied to the top of the truck. They were leaving Erbil and heading to the Duhok area. "We're afraid of [the Iraqis] using chemical weapons," he said. They were leaving...