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 The company was founded on January 21, 1863 by Adam Opel, and at first made household goods, and was a major maker of sewing machines. The founder died in 1895, with his company the leader in European sewing machines sales and producing over 2,000 bicycles yearly. They made their first cars in 1898 having bought the rights to the Lutzmann and sold them as Opel-Lutzmann. However, two years later, following the dissolution of the partnership, Opel's son signed a licensing agreement with Automobiles Darracq S.A. of France to manufacture vehicles under the brand name "Opel-Darracq." The vehicles were Opel bodies mounted on a Darracq chassis, powered by a 2-cylinder engine.
In 1906 they started to make cars to their own design which they had first shown in 1902 at the Hamburg Motor Show and from 1907 stopped making the Opel-Darracqs.
In 1911 the factory was virtually destroyed by fire and a new one was built with more up to date machinery and the manufacture of sewing machines dropped. Production now consisted of bicycles, cars and motor cycles. By 1913 they were the largest car maker in Germany.
In March 1929 General Motors bought 80% of the company increasing this to 100% in 1931. The Opel family gained $33.3 million dollars from the transaction.
Many cars sold by General Motors worldwide are Opel designs, including such models as the Corsa, Astra, Vectra and Omega. Opel models are also sold under other GM brand names, such as Vauxhall in the UK, Holden in Australasia, and Chevrolet in Latin America and India. Its Zafira people carrier was sold in Japan badged as a Subaru Traviq, while the Omega was briefly sold in the US as the Cadillac Catera. Other models sold in the U.S., but slightly modified, include the Saturn L-Series, Chevrolet Malibu and Cobalt. The majority of future Saturn models are expected to be either identical, like the Saturn Sky, or closely based, like the Aura, to European Opels. The Pontiac LeMans (1989-1994), which was the first car produced by Daewoo in South Korea for export to North America, were based on the Opel Kadett (now Astra).
Opel was long General Motors' strongest marque in Japan, with sales peaking at 38,000 in 1996. However, the brand has diminished in the decade since, and will reportedly be withdrawn by the end of 2006 with just 1,800 sales there in 2005. Opel is the main GM brand name in Europe except in the UK, where GM's other European subsidiary, Vauxhall Motors, still uses its own brand name. Vauxhall's models were completely different designs from those of Opel, until the 1970s. The Opel name largely disappeared from the UK in 1981 after Vauxhall and Opel dealerships were merged, with only the Manta and the Monza (the coupe version of the Senator) being sold as Opels, until they were discontinued in 1988 and 1987 respectively.
Vauxhall began adopting Opel's names for its models, with the exception of 'Kadett' which was replaced by Astra, already used by Vauxhall, in 1991. In other right hand drive markets in Europe like Ireland, Cyprus and Malta, the main GM brand name is now Opel, and for many years, Opel's Ireland brand sponsored the Republic's soccer team, using the slogan 'Ireland's Number One Supporter'. However, many Vauxhall cars, imported second hand from the UK, are still sold in Ireland as a parallel import.
Some have suggested that the Vauxhall name should be dropped in the UK in favour of Opel, thereby harmonising GM's marketing strategy across Europe. However, Vauxhall has rejected this, on the grounds that its brand is well known, and fleet buyers, who are its main customer base, insisted that Opel models be rebadged as Vauxhalls. Opel will also provide design and engineering to the American Saturn marque, similar to the Vauxhall situation in the UK.
Source: Wikipedia
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