Opel - About the company
Opel is an acquired company based in Russelsheim (Germany), founded in 1862 by Adam Opel. It operates as a Manufacturer of automobiles, providing product information, news, and related media. Opel has raised an undisclosed amount in funding. The company has 24 active competitors, including 7 that have exited. Its top competitors include companies like Ford, BYD and Volkswagen.
Company Details
Manufacturer of automobiles, providing product information, news, and related media. It offers details on concept cars, legal policies, trademarks, and copyrights. The company also provides access to a media pool and declarations of conformity. The website lists various regions where its products are available.
- Website
- www.opel.com/
- Social
- Phone Number
- +49 **********
Key Metrics
Founded Year
1862
Location
Russelsheim, Germany
Stage
Acquired
Latest Funding Round
Ranked
3rd among 24 active competitors
Annual Revenue
€15.9B as on Dec 31, 2022
Employee Count
5,947 as on Mar 31, 2026
Exit Details
Acquired by PSA Group (Mar 06, 2017)
Legal entities associated with Opel
Opel is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Opel Automobile GmbH CIN: HRB91821 , Germany, Active | Jan 25, 2013 | $16.7B (As on Dec 31, 2022) | 12023 (As on Dec 31, 2021) |
Opel's acquisition details
Click here to take a look at Opel's acquisition in detail
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Opel's funding and investors
Opel has raised funding over 3 rounds. Its first funding round was on Oct 01, 2016. Its latest funding round was a Grant (prize money) round on Sep 01, 2017 for $*****. 1 investor participated in its latest round. Opel has 2 institutional investors.
Here is the list of recent funding rounds of Opel:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 01, 2017 | 8870804 | Grant (prize money) | 4929418 | 8204682 | 7568884 | 7823948 |
Feb 10, 2017 | 8464707 | Grant (prize money) | 2076017 | 4288688 | 2005042 | |
Oct 01, 2016 | 6748658 | Grant (prize money) | 6105386 | 7074805 | 3020409 |
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Opel's founders and board of directors
Founder? Claim ProfileThe founders of Opel is Adam Opel.
Here are the details of Opel's key team members:
- Adam Opel: Founder of Opel.
- Michael Lohscheller: CEO of Opel.
View details of Opel's Founder profiles and Board Members
Opel's employee count trend
Opel has 5,947 employees as of Mar 26. Here is Opel's employee count trend over the years:
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Opel's Competitors and alternates
Top competitors of Opel include Ford, BYD and Volkswagen. Here is the list of Top 10 competitors of Opel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ford 1903, Dearborn (United States), Public | Automobile and commercial vehicle manufacturer | - | 75/100 | |
2nd | Manufacturer of electric cars, sedans, SUVs, batteries, and rail transit | - | 74/100 | ||
3rd | Manufacturer of automobiles, providing product information, news, and related media | - | 58/100 | ||
4th |  Volkswagen Germany, Public | Manufacturer of automobiles, offering vehicle configuration, purchase, leasing, and related services | - | - | 36/100 |
5th | Volkswagenag 1937, Germany, Public | Manufacturer of automobiles, commercial vehicles, and related financial and mobility services | - | 33/100 | |
6th | Brand of vehicle automated system | - | 30/100 | ||
7th | Manufacturer of recreational vehicles including camper vans, motorhomes, and caravans | - | - | 29/100 | |
8th | Smart Coasting 2012, Duren (Germany), Unfunded | Manufacturer of electric vehicles | - | - | 24/100 |
9th | Manufacturer of electric-cargo bikes | - | - | 24/100 | |
10th | Manufacturer of electromobility equipment | - | - | 24/100 |
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Opel's Investments and acquisitions
Opel has made no investments or acquisitions yet.
Reports related to Opel
Here is the latest report on Opel's sector:
News related to Opel
Filter this listMedia has covered Opel for a total of 18 events in the last 1 year, 15 of them have been about company updates.
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Opel Increases Global Sales in Q1 2026 with Double-Digit Growth in EuropeWebwire•Apr 15, 2026•Opel, Vauxhall
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Opel Combo Electric gets a new load securing system co-developed with bottKaldata•Nov 13, 2025•Bott, Opel
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FAQs about Opel
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