Nick Reilly

Opel CEO Nick Reilly today announced an ambitious five-year, $15 billion plan for the future that will reinvigorate 80 percent of the automaker's model lines and place a strong emphasis on alternative propulsions. Coinciding with today's announcement, Opel has also formally applied for loans or loan guarantees from the German government. The new plan includes eight major launches in 2010 alone--such as the Meriva, Corsa, Movano and Astra Sports Tourer--and another four in 2011, most notably the Ampera plug-in hybrid (pictured). The overall goal is to have more than 80 percent of Opel's model...