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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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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The new head of GM's European operations, Nick Reilly, expects the German government to contribute state aid for the restructuring of its loss-making Opel brand.
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The new Opel/Vauxhall Astra five-door hatchback hit dealer showrooms on Saturday, with 45,000 units already ordered by customers since September.
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The new Opel/Vauxhall Astra five-door hatchback hit dealer showrooms on Saturday, with 45,000 units already ordered by customers since September.
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GM named Nick Reilly as president of its European unit. Reilly will leave his role as head of GM's international operations. Reilly, 59, has been leading Opel's restructuring since Carl-Peter Forster quit last month.
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GM named Nick Reilly as president of its European unit. Reilly will leave his role as head of GM's international operations. Reilly, 59, has been leading Opel's restructuring since Carl-Peter Forster quit last month.
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Following an all-employee meeting at Opel headquarters in Rüsselsheim today, Opel/Vauxhall CEO Nick Reilly and works council chairman Klaus Franz said they were "united" in the goal of building a successful company again.
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U.S. carmaker General Motors Co. can resolve on its own issues related to its European arm Opel, Germany's Economy Minister said on Friday.
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GM could give Opel/Vauxhall workers a stake in the company to win concessions on planned job and wage cuts, GM Europe President Nick Reilly said.
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General Motors Co. could give Opel/Vauxhall workers a stake in the company to win concessions on planned job and wage cuts, GM Europe President Nick Reilly said.
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General Motors Co. could give Opel/Vauxhall workers a stake in the company to win concessions on planned job and wage cuts, GM Europe President Nick Reilly said.
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GM and angry German workers at Opel took a big step toward reconciling differences as GM scrapped plans to cut nearly 550 jobs at an engineering center.
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General Motors Co. and disgruntled German workers at European arm Opel took a big step toward reconciling differences on Friday as GM scrapped plans to cut nearly 550 jobs at an engineering center.
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Opel labor leaders hope the threat of an even bigger pay cut will push its 50,000-strong work force to protest the potential closure of an assembly plant in Antwerp, Belgium.
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Opel labor leaders hope the threat of an even bigger pay cut will push its 50,000-strong work force to protest the potential closure of an assembly plant in Antwerp, Belgium.
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General Motors could now cut 8,300 jobs in Europe with most losses at the Opel plants in Belgium and Germany sources have told a news agency. GME had previously said that 9,000 jobs were under threat and interim chief Nick Reilly said last week that the future of the Antwerp plant in Belgium future was "uncertain."
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GM's director for its European electric vehicle implementation has told just-auto that the development schedule for its Opel/Vauxhall Ampera extended-range electric vehicle (E-REV - the same technology as that being employed for the Chevrolet Volt) is on track.
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The ouster of General Motors Co. CEO Fritz Henderson will not deter the interim Opel boss from his timetable to deliver a plan that would help the European carmaker achieve sustained profitability.
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