FRANKFURT -- General Motors' Adam Opel division is offering price-conscious car buyers a stripped-down Opel Corsa subcompact for less than 10,000 euros ($12,120) as a way to counter rival low-cost models, the company said on Tuesday.
A basic Corsa with a 60-horsepower motor costs 9,995 euros in Germany, Opel said in a statement.
A spokesman for GM Europe in Switzerland said the new price reflected a basic model that nonetheless had full safety features.
"It is a very aggressive response to Dacia Logans and Volkswagen Foxes," he said, referring to rival models made by Renault and VW.
He said basic Corsas would have similar prices across Europe.