Adam Opel founded the company in 1862 in Rüsselsheim am Main, Germany, as a bicycle manufacturer. It later produced its first car in 1899. Opel gained popularity when it launched the Darracq (1907) and 4/8 S (1909) models. Following years of growing success, Opel controlled 37.5% of the German automotive market by 1928. This drew American automotive giant General Motors' attention, which purchased the company in 1929.
During the early years of new ownership, Opel became the first German carmaker to produce over 100,000 cars each year. Opel, or Vauxhall as it's known in the United Kingdom, grew into a multibillion-dollar organisation, producing and selling cars across the world. In 2017, General Motors sold Opel to
Groupe PSA, a French multinational automotive manufacturer for $2.2 billion.