Vauxhall Corsa demand 'driving GM recovery'
The automaker General Motors (GM) has cited European demand for the new Vauxhall Corsa as one of the reasons for its improving financial results.Statistics for the third quarter of 2006 show that the company posted profits on an adjusted basis, excluding special purchases.
Moreover, the carmaker reports that it has reduced net losses to $115 million (£61 million) from last year's comparable figure of $1.7 billion.
Rick Wagoner, chief executive of the business, said that its "turnaround in Europe" was helping the firm to recover and singled out the importance of the new Corsa.
"The newly launched Opel/Vauxhall Corsa is on track to exceed its 2006 objectives, with approximately 130,000 orders already placed in Europe," Mr Wagoner said.
The Vauxhall name has strong ties with the Opel brand in Europe, as both marquees offer near-identical vehicle models to motorists.
Both automotive companies are owned by General Motors and form the main part of its European strategy.
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Other Vauxhall News
Vauxhall Corsa News
Looking for fuel efficiency? Try a Vauxhall car deal19th November 2009
A Vauxhall car deal could be a good bet for customers eager to get a high standard of fuel efficiency from their motor.In particular, the Corsa range now boasts a number of vehicles that appear to have strong eco-friendly credentials...
Vauxhall car deal 'fantastic for cheap motoring'3rd November 2009
Customers looking for a cheap car deal may want to head to a Vauxhall showroom, after details were announced of new measures designed to help buyers cut costs.The manufacturer claims it will allow people to save £4,260 by registering a motor before the end of 2009...
Trip to Vauxhall dealership 'could jazz up a Corsa'18th August 2009
Motorists looking to jazz up their Corsas may want to drop in on their local Vauxhall car dealership.The manufacturer has claimed its VXR styling accessories can help give the model a new, sporty feel...
Vauxhall tops new sales chart5th March 2009
Vauxhall has achieved the highest number of new car registrations in the UK for the second time in three months, it has been reported.Figures from the Society of Motor Manufacturers and Traders revealed the Astra, Corsa and Zafira all made an appearance in the top ten most popular models for February...
Vauxhall releases limited edition Astra and Corsa2nd March 2009
Vauxhall dealerships are set to offer fans of the brand some limited edition models to choose from this spring, after it announced two new colour schemes are being added to its line-up.An exclusive run of 888 Corsa and Astra VX Racing Editions have been produced, sharing the red and black design with the VX Racing team that drove to victory at the recent British Touring Car Championship...