GM's turnaround plan for Opel will likely be completed in January, GM Europe President Nick Reilly said. "This is going to be one of the largest, most complex industrial reorganizations in European manufacturing in years.
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GM's turnaround plan for Opel will likely be completed in January, GM Europe President Nick Reilly said. "This is going to be one of the largest, most complex industrial reorganizations in European manufacturing in years.
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Opel labor leader Klaus Franz gave his clearest signal yet that he had dropped opposition to granting 265 million euros ($394 million) in annual wage concessions and would sit down to negotiate a deal with parent General Motors Co.
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Opel labor leader Klaus Franz gave his clearest signal yet that he had dropped opposition to granting 265 million euros ($394 million) in annual wage concessions and would sit down to negotiate a deal with parent General Motors Co.
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General Motors on Monday said it would invest US$336m in its Detroit-Hamtramck assembly plant to begin production of the Chevrolet Volt electric car, with extended-range capabilities, in 2010. The plant initially will also build Opel/Vauxhall Ampera variants for Europe although production of those is expected eventually to shift across the Atlantic, possibly to the Vauxhall plant in Ellesmere Port, north west England, though a final decision has not been made.
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New GM Europe president and Vauxhall/Opel CEO Nick Reilly has promised investments in new models and pledged an end to business as usual at the unit.
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Nick Reilly, the new head of Opel/Vauxhall, promised investments in new models and pledged to put an end to business as usual at the General Motors Co. unit -- addressing two key grievances by unions.
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A minicar for Opel/Vauxhall is a "top priority," Nick Reilly, the carmaker's new CEO, said on Saturday. Reilly also said the brand will consider launching an electric vehicle.
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General Motors Co. will not cut more jobs at Opel in Germany if the German government refuses to give state aid although the carmaker said it remains confident that Berlin will soften its current tough stance.
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A minicar for Opel/Vauxhall is a "top priority," Nick Reilly, the carmaker's new CEO, said on Saturday. Reilly also said the brand will consider launching an electric vehicle.
Full story...
Nick Reilly, the new head of Opel/Vauxhall, promised investments in new models and pledged to put an end to business as usual at the General Motors Co. unit -- addressing two key grievances by unions.
Full story...
Nick Reilly, the new head of Opel/Vauxhall, promised investments in new models and pledged to put an end to business as usual at the General Motors Co. unit -- addressing two key grievances by unions.
Full story...
A minicar for Opel/Vauxhall is a "top priority," Nick Reilly, the carmaker's new CEO, said on Saturday. Reilly also said the brand will consider launching an electric vehicle.
Full story...
A minicar for Opel/Vauxhall is a "top priority," Nick Reilly, the carmaker's new CEO, said. Reilly also said the brand will consider launching an electric vehicle.
Full story...
Nick Reilly, the new head of General Motors Co.'s Opel/Vauxhall unit, also will oversee the Detroit carmaker's Chevrolet brand in Europe.
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Nick Reilly, the new head of General Motors Co.'s Opel/Vauxhall unit, also will oversee the Detroit carmaker's Chevrolet brand in Europe.
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Nick Reilly, the new head of General Motors Co.'s Opel/Vauxhall unit, also will oversee the Detroit carmaker's Chevrolet brand in Europe.
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European regulators will examine any restructuring plan for Opel before EU countries decide whether to offer financial support. GM is seeking financial help for its 3.3 billion euro restructuring plan for Opel.
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General Motors Co. will not cut more jobs at Opel in Germany if the German government refuses to give state aid although the carmaker said it remains confident that Berlin will soften its current tough stance.
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The new head of GM's European operations, Nick Reilly, expects the German government to contribute state aid for a 3.3B euro restructuring of Opel.
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