It may be some time yet before decisions are reached over the restructuring plan for General Motors' Opel, Germany's Welt am Sonntag (World on Sunday) newspaper reported yesterday, citing the carmaker's chief executive officer Nick Reilly.
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Luton - Opel/Vauxhall Ceo Reilly drives Ampera to from Rüsselsheim to the Geneva Motor Show. On the last leg of the over 500-kilometre journey, Nick Reilly took over the wheel to personally experience the quality and reliability of Opel/Vauxhall's extended-range electric vehicle.
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The first Opel Ampera prototype is getting a road test in a 600km drive from the carmaker's headquarters in Russelsheim, near Frankfurt, Germany, to the Geneva auto show in Switzerland.
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A decision on the restructuring plan for Opel unit will take some time, CEO Nick Reilly said, according to a German newspaper.
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Asbury Automotive Group Inc.and#8217;s restructuring effort in 2009 helped the company become more efficient and turn a profit even during the worst sales environment in more than 27 years, CEO Charles Oglesby said today.
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German Economy Minister Rainer Bruederle on Tuesday backed demands for a greater contribution from GM for the overhaul of Opel.
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Representatives from Germany's federal and state governments were believed to be meeting today to evaluate General Motors' plan for its Opel division.
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GM should raise its share of the reorganization costs for its European arm Opel to get state aid from Germany, Handelsblatt reported on Monday, citing German government sources. GM is asking European countries with Opel plants to contribute 2.
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GM should raise its share of the reorganization costs for its European arm Opel to get state aid from Germany, Handelsblatt reported today, citing German government sources. GM is asking European countries with Opel plants to contribute 2.
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General Motors expects its new plug-in Chevrolet Volt/Opel Ampera hybrid to become a worldwide phenomenon.
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Germany is irritated by the European Commission's latest comments on state aid for Opel, deputy German Economy Minister Jochen Homann said.
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In today's News Brake: Opel considers a bigger hybrid, a sad day for Tesla Motors, and the future of the U.S. F1 team looks shaky . . . But Wait, There's More!
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Opel has released details of an extended-range electric concept car that it will debut at the Geneva auto show.
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A German government advisory panel has raised doubts about whether GM.'s reorganization plan for European arm Opel deserves crucial state aid, the Financial Times paper reported.
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Opel will unveil its Flextreme GT/E concept car at the 80th Geneva Motor Show (March 4 - 14), that will boost the company's credentials as a leader in green technologies, offering expressive design with efficient environmental performance - and engineered with German precision.
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Spanish financial backing for General Motors' plans for its European unit Opel will depend on their acceptance by Spanish workers, industry minister Miguel Sebastian said.
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The loss of up to 900 Opel jobs at the Figuerelas plant near Zaragoza seems to be a high cost for the country to bear, industry minister Miguel Sebastian told reporters after the company had announced its EUR11bn five-year turnaround plan.
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Opel/Vauxhall said the announcement today (9 February) of its EUR11bn (US$15.1bn) investment to 2014 should see the automaker break even next year and return to profit in 2012.
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Opel/Vauxhall CEO Nick Reilly today announced an ambitious five-year EUR11 billion 'plan for the future' that he said would "reinvigorate" 80% of Opel/Vauxhall model lines and place a strong emphasis on alternative propulsions.
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