General Motors’ European subsidiaries Opel and Vauxhall reportedly have a new Insignia Coupe — based largely upon the 2007 GTC concept — in the works, but folks within the Euro wing are reportedly looking at building a business case for the model in North America.
The GTC, which stands for Gran Turismo Coupe, was first unveiled at the 2007 Geneva Motor Show. The rakish two-door features a unique front end with tall, vertical air inlets that unite with the headlights along with a distinctive crease implanted on the rear of the car. Sitting beneath the hood is a turbocharged, 2.8-liter V-6 responsible for delivering 300 horsepower to the concept’s six-speed manual transmission and electronically controlled all-wheel-drive system (with rear-wheel bias).
Does all this get the blood flowing? Well, the Opel and Vauxhall production variation hasn’t been formally confirmed yet, but it would likely share some design cues with the GTC concept. What we do know is that the coupe is being designated the “New Calibra” in-house — in remembrance of the 1990s Calibra coupe — and it would join the Insignia lineup.
Before Opel can really get into the new product, however, the General Motors brand has some bigger issues to resolve. GM’s European division is currently awaiting a $1.89 billion loan from the German government to help keep the company afloat. A decision is expected by the end of this month.
If the federal funds trickle in and no major mishaps happen along the way, we could potentially see the production version of the “New Calibra” in early 2013. There is a catch — Opel and Vauxhall will reportedly need to build around 30,000 units per year to break even, and that would be where our domestic Buick and Chevrolet marques step in.
“We would feel a lot more confident about some of these projects if Buick, Chevrolet in North and South America and Saab were sharing volumes and risk,” said CAR’s mole at GM Europe headquarters.
Because the new coupe rides on Insignia underpinnings, it would be reasonable to expect the Buick embodiment to utilize the Regal nameplate. A Chevy manifestation could slide into the Malibu range and return a two-door model to the line for the first time since the early 1980s. We wouldn’t place too much hope on that 300-horsepower V-6 though, especially with the newly confirmed Regal GS.