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August 18, 2008 01:00 AM

Opel aims Insignia at Omega buyers

Wim Oude Weernink
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    GM Europe hopes the Insignia’s elegant design will attract buyers.

    With its new Opel/Vauxhall Insignia, General Motors Europe aims to win back buyers of its former range-topping Omega executive car.

    Opel sold the Omega between 1983 and 2003, but it pulled out of the niche for luxury executive cars -- like rival Ford with the Scorpio -- because many buyers were switching to premium brands.

    Alain Visser, GM Europe’s Chief Marketing Officer, said the Insignia is a replacement for the upper-medium Vectra “but we also want to win back former Omega customers.”

    Visser said that was one reason why GM Europe did not keep the Vectra name for the Insignia. “We could not win back Omega buyers with the Vectra name,” he said.

    Opel aims to sell around 200,000 Insignias a year, compared with average annual sales of about 140,000 for the Vectra.

    Sales of upper-medium cars are declining fast as buyers switch to premium brands, minivans or SUV crossovers.

    In 2007, European upper-medium segment sales fell 8.6 percent to 1,068,502 units, according to Automotive News Europe’s latest market analysis by segment. Sales of the Vectra and its sister model, the Signum, declined 11.6 percent to 119,078.

    GM Europe will not build a large minivan off the Insignia platform. Ford of Europe builds three models on its upper-medium platform: the Mondeo sedan, Galaxy minivan and S-Max SUV/minivan crossover.

    “We will compensate for that by making the next Zafira medium minivan more upmarket,” Visser said.

    The Insignia will be sold as a four-door sedan, five-door hatchback and station wagon. The car is the first GM product on the automaker’s new global midsize architecture.

    How will the Insignia be marketed?

    The Insignia’s design will play a key role in marketing for the car. The car’s bold, dynamic styling shows design elements that will be seen in future models.

    What new technology does the car have?

    The Insignia can be ordered with a windscreen-mounted camera linked to an onboard computer system that can recognize traffic signs and warn the driver when the car exceed the speed limit. It also includes lane departure warning.

    The basics

    Car: Opel/Vauxhall Insignia

    Code-name: 3700

    Launch: December 2

    Platform: General Motors global midsize

    Segment: upper medium

    Main competitors: Ford Mondeo, Volkswagen Passat

    Price: €22,700 (Germany)

    Where built: Rüsselsheim, Germany

    Annual production: 200,000

    CO2 emissions: 154g/km to272g/km

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