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Junkyard Gem: 1971 Opel GT
Sat, Jul 27 2024Beginning in the late 1950s, General Motors made a serious push to sell cars made by its European subsidiaries in the United States. American Pontiac dealers got the Vauxhall Victor from the United Kingdom, while Buick dealers received the Opel Olympia from West Germany. Opel sales here became reasonably strong during the 1960s, and one of the most interesting Opels of all showed up in the United States as a 1969 model: the GT two-seat sports car. Here's a faded but still recognizable red GT found in a Northern California car graveyard recently. The Opel GT came out of a period of inspired GM designs that led to the Pontiac XP-833 Banshee and C3 Chevrolet Corvette; its most important styling influence was the Chevrolet Corvair Monza GT prototype of 1962. It was sold here for the 1969 through 1969 model years and was considered something of a mini-Corvette, sold alongside the mini-Camaro Opel Manta. The GT looked radical, but it shared its chassis design and running gear with the Opel Kadett (albeit with the engine moved nearly 16" to the rear). The Kadett connection made it cheap to build, and the MSRP for the 1971 GT was $3,339 (about $26,358 in 2024 dollars). The GT was powered by a cam-in-head 1.9-liter straight-four engine, rated at 90 horsepower and 111 pound-feet. The cam-in-head design was something of a mashup between an overhead-valve rig (with the camshaft in the engine block and actuating the valves via pushrods up into the cylinder head) and an overhead-cam design (with the camshaft in the cylinder head and directly actuating the valves). As this photograph shows with great clarity, the camshaft in a cam-in-head engine lives in the cylinder head but off to the side of the valves, actuating them with lifters shoving directly against good old pushrod-style rocker arms. The cam-in-head engine proved to be something of an evolutionary dead end, although Ford used its cam-in-head CVH straight-four in the U.S.-market Focus all the way through 2004. A four-speed manual transmission was standard equipment. A three-speed automatic was available as a $196 option ($1,547 after inflation). The GT had no decklid, which proved annoying in the real world. There was a carpeted area for cargo behind the rear seats. The hidden headlights didn't pop up, instead rotating 180° into position via a handle under the dash. The interior in this one is largely missing, and the body is in rough shape after decades of outdoor storage.
Stellantis ready to kill brands and fix U.S. problems, CEO Tavares says
Thu, Jul 25 2024Â MILAN — Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe underperforming brands in its sprawling portfolio, its chief executive Carlos Tavares said on Thursday. The warning for lossmaking brands is a turnaround for Tavares, who has maintained since Stellantis was created in 2021 from the merger of Italian-American automaker Fiat Chrysler and France's PSA that all of its 14 brands including Maserati, Fiat, Peugeot and Jeep have a future. "If they don't make money, we'll shut them down," Carlos Tavares told reporters after the world's No. 4 automaker delivered worse-than-expected first-half results, sending its shares down as much as 10%. "We cannot afford to have brands that do not make money." The automaker now also considers China's Leapmotor as its 15th brand, after it agreed to a broad cooperation with the group. Stellantis does not release figures for individual brands, except for Maserati which reported an 82 million euro adjusted operating loss in the first half. Some analysts say Maserati could possibly be a target for a sale by Stellantis, while other brands such as Lancia or DS might be at risk of being scrapped given their marginal contribution to the group's overall sales. Stellantis' Milan-listed shares were down as much as 12.5% on Thursday, hitting their lowest since August 2023. That brings the loss for the year so far to 22%, making them the worst performer among the major European automakers. Few automotive brands have been killed off since General Motors ditched the unprofitable Saturn and Pontiac during a U.S. government-led bankruptcy in the global financial crisis in 2008. Tavares is under pressure to revive flagging margins and sales and cut inventory in the United States as Stellantis bets on the launch of 20 new models this year which it hopes will boost profitability. Recent poor results from global carmakers have heightened worries about a weakening outlook for sales across major markets such as the U.S., whilst they also juggle an expensive transition to electric vehicles and growing competition from cheaper Chinese rivals. Japan's Nissan Motor saw first-quarter profit almost completely wiped out on Thursday and slashed its annual outlook, as deep discounting in the United States shredded its margins. Tavares said he would be working through the summer with his U.S. team on how to improve performance and cut inventory.
Junkyard Gem: 1997 Cadillac Catera
Sun, Jun 16 2024GM's Cadillac Division was having a tough time in the early 1990s, with an onslaught of Lexuses and Infinitis pouring across the Pacific to steal their younger customers while high-end German manufacturers picked off their older customers. Flying an S-Class-priced model between assembly lines in Turin and Hamtramck hadn't worked out, so why not look to the European outposts of the far-flung GM Empire for the next Cadillac? That's how the Catera was born, and I have found a rare first-year example in a North Carolina car graveyard. Across the Atlantic, GM's Opel and Vauxhall were doing good business with prosperous European car buyers by selling them the sleek rear-wheel-drive Omega B (whose platform also lived beneath the Holden VT Commodore in Australia). Here was a genuine German design that competed with success against BMW and Audi on their home turf! So, the Omega B was Americanized and renamed the Catera. Opel wasn't a completely unknown brand to Americans at the time, since its cars were sold here with their own badging through Buick dealerships from the middle 1950s through the late 1970s (for a much shorter period, American Pontiac dealers attempted to sell Vauxhalls). Even after that, plenty of Opel DNA showed up in the products of U.S.-market GM divisions. The Catera was by far the most affordable Cadillac for 1997, with an MSRP starting at $29,995 (about $59,113 in 2024 dollars). Being a genuine German car, it looked much more convincingly European than the DeVille ($36,995), Eldorado ($37,995) and Seville ($39,995). Inspired by the ducks on the Cadillac emblem (they were really supposed to be martlets, mythical birds with no feet and occasionally lacking beaks), Cadillac's marketers went after youthful car shoppers with a whimsical animated duck named Ziggy. For the 21st century, the birds were removed from the Cadillac emblem in order to attract California buyers under 45 years of age. As we all know, the Catera flopped hard in the marketplace. What sold well in Europe turned out not to translate so well in in North America, especially when bearing the badges of such a historically prestigious brand. The Catera's engine was a 54-degree 3.0-liter V6 rated at 200 horsepower and 192 pound-feet. Just as had been the case with its predecessor, the Allante, no manual transmission was available.
Stellantis not looking for further mergers, including with Renault
Mon, Feb 5 2024MILAN — Stellantis Chairman John Elkann on Monday denied the carmaker was hatching merger plans, responding to press speculation about a possible French-led tie-up with rival Renault. Elkann said that the Peugeot owner, the world's third largest carmaker by sales, was focused on the execution of its long-term business plan. "There is no plan under consideration regarding merger operations with other manufacturers," said Elkann, who also heads Exor, the Agnelli family holding company that is the largest single shareholder in Stellantis. After abandoning the Russian market, at the time its second largest after France, and reducing the scope of its global cooperation with Nissan, Renault has been seen as a potential M&A target. Speculation intensified after an electric vehicle market slowdown forced it last week to cancel IPO plans for its EV and software unit Ampere. Its market cap remains stubbornly low at little over 10 billion euros ($10.8 billion) despite a financial recovery over the past few years. Stellantis, the product of a 2021 merger between France's PSA and Fiat Chrysler and one of the most profitable groups in the industry, has a market cap of more than 85 billion euros when unlisted shares are factored in. It has a 14 brand portfolio also including Citroen, Jeep, Opel and Alfa Romeo. NEWSPAPER REPORT Italian daily Il Messaggero had said on Sunday that the French government, which is Renault's largest shareholder and also has a stake in Stellantis, was studying plans for a merger between the two groups. A spokeswoman for Renault said on Monday the group did not comment on rumors. France's Finance Ministry had declined to comment on Sunday. Stellantis has crossed swords with the Italian government, which has accused it of acting against the national interest on occasions. Industry Minister Adolfo Urso last week raised the prospect of the Italian government taking a stake in Stellantis to help to balance the French influence. Renault shares pared gains after Elkann's comments to stand 1.2% higher by 1220 GMT, having initially risen more than 4%. Stellantis CEO Carlos Tavares, a Portuguese-national, last week said in an interview with Bloomberg that the group was "ready for any kind of consolidation" and that its job was to make sure that it would be "one of the winners". Analysts, however, question the rationale of a Stellantis-Renault merger, which would also expand the group's excess capacity in Europe.
Scrapyard Gem: 2005 Vauxhall Tigra TwinTop
Thu, Feb 1 2024DERBY, England — There was a time when American car shoppers could buy sporty little convertibles based on the platforms of econo-commuters, but that was back during the era of the 1991-1994 Mercury Capri and open-air versions of the Geo Metro and Yugo GV. Those good times continued in Europe, though, and Peugeot had a sales hit with the retracting-hardtop 206 CC starting with the 2000 model year. For today's Junkyard Scrapyard Find, we're heading across the Atlantic for a look at a discarded example of Vauxhall's 206 CC competitor. The main purpose of my four-day trip to England was to visit the scrapyards around York and Leeds, but I stopped at an old-school breaker's yard near Derby on the drive up from Heathrow. Albert Looms Ltd has a fascinating selection of European machinery plus the occasional American-made vehicle. Check in later to see many more Scrapyard Gems from England. (That's what they call junkyards over here). Vauxhall became part of the far-flung GM Empire back in 1925, and it remained there until being sold to the PSA Group in 2017. With the merger of Fiat Chrysler and PSA to form Stellantis in 2021, Vauxhall now gets its marching orders from Amsterdam. The General took a shot at selling new Vauxhalls in the United States during the late 1950s and early 1960s, without much success (though I have managed to find a Victor Super Estate in a Colorado car graveyard). Starting in the early 1970s, most Vauxhall models were closely related to Opel counterparts; some of those cars also had U.S.-market cousins or siblings (with varying amounts of Isuzu and Daewoo DNA finding their way into the mix from time to time). In Australia, plenty of Vauxhall models were sold with Holden badging. The Opel/Vauxhall/Holden/Chevrolet Tigra was built in two generations, both based on the Opel Corsa (yes, I've found a Corsa in an American junkyard). The 1994-2000 generation was a coupe, while the 2004-2009 was a convertible with a hardtop that retracted into the boot. Being Corsas under the skin, these cars all had small engines and front-wheel-drive. Two gasoline engines were available (a 1.4-liter and a 1.8-liter) plus a 1.3-liter diesel. This one is the 1.4, rated at 90 horsepower and 92 pound-feet. With a curb weight of 2,557 pounds, this car would have been slow but not intolerably so. At least it has the five-speed manual. A fender-bender just bad enough to fire the airbags took it off the street.
Wild-looking Opel Rocks e-Xtreme looks ready to survive the apocalypse
Fri, Jun 23 2023The tiny Citroen Ami has spawned a diverse selection of offshoots since it made its debut in 2020. The latest addition to the list is the Opel Rocks e-Xtreme, which was created by an industrial design student named Lukas Wenzhofer as part of a contest organized by the brand. Built by Opel using Wenzhofer's 3D model as a starting point, the Rocks e-Xtreme seemingly keeps the regular-production model's body but the similarities largely end there. Wenzhofer added massive wheel arch flares that wouldn't look out of place on an Arctic-bound pickup, alloy wheels that stick out even further than the flares, and an external roll cage with auxiliary lights. The finishing touch is out back, where the Rocks e-Xtreme gets a massive carbon fiber rear wing that was previously fitted to an Opel Vectra GTS V8 race car built in the 2000s. While the German company evidently had a spare Vectra spoiler laying around, it didn't have a spare Vectra V8 engine. It doesn't sound like the Rocks e-Xtreme's specifications sheet looks any different than the standard vehicle's, meaning power comes from an electric motor that draws electricity from a 5.5-kilowatt-hour lithium-ion battery pack to zap the front wheels with 8 horsepower. It has a 0-60 time of never, its top speed checks in at around 28 mph, and it offers a maximum driving range of about 43 miles, which is fine considering the Rocks isn't really a car. It's considered a quadricycle in most European countries, so it's not allowed to go on the highway. Don't expect to see the Opel Rocks e-Xtreme zig-zagging across a historic city center the next time you travel to Europe. Opel stresses that it built the model as a one-off, and nothing suggests the concept will reach production. However, some slightly tamer Ami variants have been let loose in the wild, including a limited-edition beach-friendly model called My Ami Buggy and Fiat's doorless, heritage-inspired Topolino. Related video: Featured Gallery Opel Rocks e-Xtreme concept Green Opel NEV (Neighborhood Electric Vehicle) Concept Cars Electric
Junkyard Gem: 1957 Opel Olympia Rekord P
Sat, Apr 29 2023Starting in the middle 1950s, General Motors made a real effort to sell Americans its vehicles built on the other side of the Atlantic. Pontiac dealers here got the British-built Vauxhall Victor, while Buick dealers sold the Victor's cousin, the German-built Opel Olympia. We saw a discarded '58 Victor Super Estate a few years back, and today's Junkyard Gem showed up recently at the very same car graveyard in northeastern Colorado. The Olympia name goes way back in Opel history, when the 1936 Berlin Olympic Games inspired its selection. You'd think that the notoriety of the 1936 Olympics as a Nazi Party propaganda festival might have encouraged Opel to change the car's name after World War II, but Olympia badges went on various Opels (with some pauses) through 1970. Just as the Malibu name began its life as a trim-level designation for the Chevelle, so did the Rekord name get appended onto the Olympia. The Rekord name eventually took over completely, with the last Rekords coming off the assembly line in 1986. The "P" in this car's name comes from the panoramic wraparound front and rear glass, a feature inspired by the gorgeous machinery coming from GM's Detroit car divisions at the time. Starting in 1959, this model became known as just the Opel Rekord. The influence from snouts seen on the 1955 Buick and 1955 Oldsmobile is unmistakable. There's a great deal of 1956 Chevrolet inspiration visible in the side view. The MSRP for this car in the United States was $1,995, which amounts to $21,818 in 2023 dollars. The similar 1957 Vauxhall Victor sedan cost $1,988 here ($21,741 in today's money). The cheapest possible 1957 Chevrolet four-door sedan (the One-Fifty with straight-six engine and three-on-the-tree manual transmission) cost $2,048 ($22,397 now). Of course, this Opel would have been in a showroom with far more upscale 1957 Buicks, which started at $2,660 ($29,090 after inflation) for a four-door. Still, this was a small car that got good fuel economy and was easy to park, yet boasted up-to-the-minute American styling. Buick dealers managed to move some of them here, though Opels became far more commonplace on our roads starting in the late 1960s. Yes, I bought this beautiful hood ornament; it now lives on my garage wall. The engine is a 1.5-liter overhead-valve straight-four, rated at 51.3 horsepower and 78.8 pound-feet. The ancestry of this engine goes all the way back to the 1937 Olympia.
Stellantis announces ‘Circular Economy’ business to drive revenue, decarbonization
Tue, Oct 11 2022Stellantis has already announced its plans to reach net-zero carbon emissions by 2038. Today, the automaker has announced a new business unit to help it reach that goal while generating 2 billion euros per year in revenue by 2030. The “Circular Economy” business will help make revenue less dependent on finite, rare and ecologically problematic materials. The Circular Economy model features what Stellantis calls a “4R” strategy, comprising remanufacturing, repair, reuse and recycling. The goal is to make materials last as long as they can, reducing reliance on the acquisition of those precious new materials in the future by returning them to the business loop when theyÂ’ve reached the end of their first life. Through these processes, Stellantis says it can save up to 80% raw material and 50% energy compared to manufacturing a new part. Remanufacturing, or “reman” in Stellantis shorthand, means dismantling, cleaning and rebuilding parts to OEM spec. Nearly 12,000 remanufactured parts are available for customers to purchase. Some remanufacturing is done in-house, and some with partners and through joint ventures. Repair is pretty obvious — fixing parts to put back into vehicles. This also consists of reconditioning, to make a vehicle feel like new. Stellantis boasts 21 “e-repair” centers for repairing electric vehicle batteries. Reuse refers to parts still in good condition from end-of-life vehicles sold as-is. Stellantis says it has 4.5 million multi-brand parts in inventory. These are sold in 155 countries through the B-Parts e-commerce platform. Reuse also refers second-life options, such as using batteries outside of automotive purposes. Recycling involves dismantling parts and scraps back into raw material form that is then looped back into the manufacturing process. Stellantis says it has collected 1 million parts for recycling in the past six months. Recycling doesnÂ’t get counted in that aforementioned 2 billion euros of revenue, but it does save the company money on acquisition of raw materials. As for batteries, specifically, Stellantis expects this recycling business to ramp up after 2030, when the packs currently in service begin to reach the end of their lifecycle. Stellantis will use its new “SUSTAINera” label to denote parts that are offered as part of its Circular Economy business.
Germany says nein to EU ban on new fossil-fuel cars from 2035
Tue, Jun 21 2022BERLIN (Reuters) - Germany's government will not agree to European Union plans to effectively ban the sale of new cars with combustion engines from 2035, Finance Minister Christian Lindner said on Tuesday. In its bid to cut planet-warming emissions by 55% by 2030 from 1990 levels, the European Commission has proposed a 100% reduction in CO2 emissions from new cars by 2035. That means it would be impossible to sell combustion engine cars from then. European Parliament lawmakers backed the proposals this month, before negotiations with EU countries on the final law take place. Speaking at an event hosted by Germany's BDI industry association, Lindner said there would continue to be niches for combustion engines so a ban was wrong and said the government would not agree to this European legislation. Lindner, a member of the pro-business Free Democrats, which shares power with the Social Democrats and Greens, said Germany would still be a leading market for electric vehicles. (Reporting by Christian Kraemer; Writing by Madeline Chambers; Editing by Miranda Murray and Edmund Blair) Green Government/Legal Green Audi BMW Mercedes-Benz Volkswagen Opel SEAT Skoda
Stellantis suspends vehicle production in Russia
Tue, Apr 19 2022MILAN - Stellantis on Tuesday said it was suspending production at its Russian plant due to logistical difficulties and sanctions imposed on Moscow. The world's fourth-largest automaker, which produced and sold the Peugeot, Citro¸n, Opel, Jeep, and Fiat brands in Russia, has just 1% of the country's car market. It runs a van-making plant in Kaluga, around 125 miles (201 kilometres) southeast of Moscow, co-owned with Japanese carmaker Mitsubishi, which halted production at the facility earlier this month. "Given the rapid daily increase in cross sanctions and logistical difficulties, Stellantis has suspended its manufacturing operations in Kaluga to ensure full compliance with all cross sanctions and to protect its employees," Stellantis said in a statement. The plant employs 2,700 people. The company will continue to pay salaries through a local downtime scheme and by using anticipated vacation periods, Stellantis told Reuters. It said it did not know how long the stoppage would last, adding that its priority was its staff and the return of peace. Stellantis had already suspended all exports and imports of vehicles with Russia, following Moscow's invasion of Ukraine, moving production to western Europe. It had also said it was freezing plans for more investments in the country. Van production in Kaluga had remained just for the local market. Scores of foreign companies have announced temporary shutdowns of stores and factories in Russia or said they were leaving the country for good since Russia began what it calls "a special military operation" in Ukraine on Feb. 24. Stellantis Chief Executive Carlos Tavares in late March said the group would have to close the Kaluga plant shortly as it was running out of parts. Separately on Tuesday, General Motors Co said it was extending its suspension of business in Russia due to the conflict and international sanctions. The U.S. automaker, which initially suspended imports into Russia and commercial activity on Feb. 28, said it was laying off most of its 66 employees and providing them with separation packages. GM does not have plants in Russia and only sold about 3,000 vehicles annually there prior to the suspension. (Additional reporting by Ben Klayman in Washington; Editing by Mark Potter and Mark Porter) Government/Legal Plants/Manufacturing Fiat Jeep Citroen Opel Peugeot