Having just plotted out how it plans to return to profitability, Opel has announced it will show off a new alternative propulsion vehicle at the Geneva auto show.
Not much is known about the car -- even its name is still a secret -- but it will almost certainly employ the Voltec powertain found in the Chevrolet Volt, as well as the Opel Ampera and Cadillac Converj. The concept's grille not only specifically spells out "VOLTEC," but the emblem has an electronic circuit design and the pattern of the charging outlet found on the Volt, strongly suggesting the hybrid powertrain. An opening in the grille also suggests a need for cooling, meaning there is an internal combustion engine under the hood as found in the Volt. General Motors has often said it hopes to base more models on the Volt as a way of driving down the cost of the technology.
It's possible the new concept will be larger than the other Voltec vehicles, as Opel says it will prove that "size and comfort do not have to be sacrificed for a vehicle to be environmentally efficient."
The announcement comes on the heels of Opel's disclosure of a five-year business plan with the aim of reaching profitability by 2012. Under the plan, the German automaker will cut some 8300 jobs.
The concept will be unveiled on March 4 at the Geneva Show. Stay with Automobile for our coverage of the show.