FRANKFURT: General Motors executives said they remain committed to meeting their goal of reaching profitability in Europe by 2016, brushing aside concerns that a downturn in Russia could put their goal at risk.
"We are confident about reaching our goal," Opel Chief Executive Karl-Thomas Neumann told journalists at the Frankfurt auto show on Tuesday.
General Motors President Dan Ammann said the launch of a new Opel Astra will help boost sales. "There's a lot to love about it and this will support Opel as we move into profitability next year, which we're absolutely committed to doing," Ammann told Reuters TV.
"We're on track. There's a lot of work to do but we're on track and we're gonna do it."
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