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> Germany's Karmann (Ghia) Files Bankruptcy
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Patch 
Posted: 08-Apr-2009, 11:58 AM
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Karmann built the Ghia on the VW chassis and convertibles for a number of auto makers including Mercedes and Chrysler. The restructuring plan put in place last Sept (just before the collapse) is no longer viable.

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InRi 
Posted: 08-Apr-2009, 01:21 PM
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Would you like to hear for a change some good news from the strepped automobile industry?
Here we go:

OPEL
Within the negotiation about a recapitalization fascinate OPEL with record sales figures. Since beginning of the year OPEL sold r.a. 120.000 cars. Marketing director Michael Klaus said on Friday on the Leipzig car fair: "We had the strongest quarter since 10 years." Meanwhile The U.S.A. and Germany affirm their intention for a very close coorperation by the salvation of this car manufacturer.
Klaus said too: "This sales result corresponds a raise of 60% in comparsion the same period of previous year"
One reason is the introdution of the new OPEL "Insignia". Until the middle of March there are already 80.000 reservations for this car. "This beat all expectations" said Klaus...
In view of this excellent order situation are planned four extra shifts in the OPEL manufactury in Rüsselsheim.

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Ingo




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Patch 
Posted: 09-Apr-2009, 02:11 PM
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That certainly is a bright spot on a gloomy horizon. Opel here is a luxury car (for most of us anyway) and that market here and abroad is still spending. It may be the glue that holds the auto industry together though.

By the way, exactly what is an "Insignia"?

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stoirmeil 
Posted: 09-Apr-2009, 03:06 PM
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My Mom had a little Opel hatchback way back in the early 70s -- it was solid, reliable, economical, and actually had very sweet-looking lines.

Here is an Insignia. Glad they are doing so well:
http://www.motortrend.com/roadtests/sedans...rive/index.html

again, solid and reliable, and sweet-looking lines. This one's front view reminds me of the face on the little EVA girl robot in last summer's Pixar film "Wall-E".
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Patch 
Posted: 09-Apr-2009, 03:28 PM
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Thanks. A very nice auto but I suspect it's competitors are Mercedes and BMW. I remember the little Opel GT sold by GM years ago. They are collectors today. The headlights looked like frog eyes.

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