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Opel


Company name	Adam Opel AG
Company type	Aktiengesellschaft
Industry	Automotive
Founded	January 21, 1862
Founder(s)	Adam Opel
Headquarters	Rüsselsheim
No. of locations	11 manufacturing facilities in 6 countries
Area served	Global (except North America)
Key people	Karl-Friedrich Stracke CEO David Nicholas Reilly Chairman
Products	Automobiles
Production output	(+) 1,534,732 units (2010)
Services	Financial services
Revenue	(-) -12,995 billion (2010)
Employees	45,458 (2010)
Parent	General Motors
Subsidiary	Opel Performance Center

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Adam Opel AG, usually shortened to Opel, is a German automobile company founded by Adam Opel in 1862. Opel has been building automobiles since 1899, and became an Aktiengesellschaft in 1929. The company is headquartered in Rüsselsheim, Germany.

It became a majority-stake subsidiary of the American General Motors Corporation in 1929 and has been a wholly owned subsidiary since 1931.

In 2010 Opel announced that it will invest around 11 billion Euros in the next five years. One billion of that is designated solely for the development of innovative and fuel-saving engines and transmissions.

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