New factory investments? Now?

Falling sales, rising incentives and mounting vehicle inventories — is this really the right time for automakers to invest heavily in new U.S. production capacity? Whatever, several manufacturers have decided to seize the moment.

Opel Q2 loss widened to $250 million, sources say

Opel, which GM has sold to PSA, widened its losses in the second quarter to around $250 million, sources told Automobilwoche.