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Dec
3rd

GM plans 8,300 cuts, Antwerp closure, sources say

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General Motors Co. is looking to eliminate about 8,300 jobs at its European carmaker Opel, with the bulk of the cuts coming in Germany and Belgium, two sources familiar with the matter said on Wednesday. Full story...
Dec
3rd

Icy wind blows at Opel, Saab under GM’s interim CEO

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The abrupt dismissal of General Motors Co. CEO Fritz Henderson by Chairman Edward Whitacre stoked fears on Wednesday of deeper staff cuts at the U.S. automaker's European arm Opel and the possible liquidation of Saab. Full story...
Dec
3rd

Opel plan set despite GM’s CEO shuffle, Reilly says

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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. Full story...
Dec
2nd

GM plans 8,300 cuts, Antwerp closure, sources say

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General Motors Co. is looking to eliminate about 8,300 jobs at its European carmaker Opel, with the bulk of the cuts coming in Germany and Belgium, two sources familiar with the matter said on Wednesday. Full story...
Dec
2nd

Icy wind blows at Opel, Saab under Whitacre

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The abrupt dismissal of General Motors Co. CEO Fritz Henderson by Chairman Edward Whitacre stoked fears today of deeper staff cuts at the U.S. automaker's European arm Opel and the possible liquidation of Saab. Full story...
Dec
2nd

Icy wind blows at Opel, Saab under GM’s interim CEO Whitacre

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The abrupt dismissal of General Motors Co. CEO Fritz Henderson by Chairman Edward Whitacre stoked fears on Wednesday of deeper staff cuts at the U.S. automaker's European arm Opel and the possible liquidation of Saab. Full story...
Dec
2nd

Opel’s CFO quits to pursue other interests

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Opel's finance chief Marco Molinari quit to pursue other interests a day after the board of parent General Motors Co. ousted CEO Fritz Henderson.Opel said a successor to Molinari, 45, will be and#8220;announced in due course.and#8221; Full story...
Dec
2nd

Opel’s CFO quits carmaker

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Opel's finance chief Marco Molinari has quit the carmaker to pursue other interests. Full story...
Dec
2nd

GERMANY: GM willing to part-fund Opel rescue – minister

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General Motors has indicated it would contribute around EUR600m (US$904.3m) of its own cash to restructure Opel, German economy minister Rainer Bruederle said on Wednesday. Full story...
Dec
2nd

GM’s leadership draws criticism from German Minister

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German Economy Minister Rainer Bruederle Wednesday criticized General Motors Co. following the abrupt departure of CEO Fritz Henderson and the company's presentation of an incomplete restructuring plan for Opel and sister brand Vauxhall. Full story...
Dec
2nd

GM’s leadership draws criticism from German Economy Minister

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German Economy Minister Rainer Bruederle today criticized General Motors Co. following the abrupt departure of CEO Fritz Henderson and the company's presentation of an incomplete restructuring plan for Opel and sister brand Vauxhall. Full story...
Dec
2nd

GM’s leadership draws criticism from German Economy Minister

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German Economy Minister Rainer Bruederle Wednesday criticized General Motors Co. following the abrupt departure of CEO Fritz Henderson and the company's presentation of an incomplete restructuring plan for Opel and sister brand Vauxhall. Full story...
Dec
2nd

GM’s leadership criticized by German economy minister

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German Economy Minister Rainer Bruederle today criticized General Motors Co. following the abrupt departure of CEO Fritz Henderson and the company's presentation of an incomplete restructuring plan for Opel and sister brand Vauxhall. Full story...
Dec
2nd

Opel sticks to plan for Spanish plant

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Opel will stick to plans to maintain production at current levels at its Spanish base, parent company General Motors Co. told union representatives. Opel's plant in Zaragoza employs 7,500 people out of Opel's 50,000-strong European work force. Full story...
Dec
1st

GERMANY: GM regains Opel control; labour talks this week

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General Motors has regained full control over its Opel unit after paying back a EUR1.5bn (USD2.25bn) emergency loan including interest, and dissolving a trust that held a 65% stake in the European carmaker. Full story...
Dec
1st

VW Polo is voted European Car of Year

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The VW Polo narrowly beat the Toyota iQ to win the 2010 European Car of the Year award for the first time in 18 years. The Polo scored 347 points against 337 for the iQ. The Opel Astra was No. 3 followed by the Skoda Yeti. Full story...
Dec
1st

VW wins first Car of Year award in 18 years with the new Polo

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The VW Polo narrowly beat the Toyota iQ to win the 2010 European Car of the Year award for the first time in 18 years. The Polo scored 347 points against 337 for the iQ. The Opel Astra was No. 3 followed by the Skoda Yeti. Full story...
Nov
18th

EU to host talks over Opel future next week

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The EU has invited GM and European ministers to meet in Brussels next Monday to discuss the future of Opel factories in Europe. Full story...
Nov
18th

EU: EU to host Opel/Vauxhall meeting

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The EU Commission has invited General Motors and economic ministers from EU countries with Opel/Vauxhall plants to meet in Brussels on Monday (November 23) to discuss the company's restructuring plans for Europe. Full story...
Nov
16th

GM can forget past Opel-aid pledges, minister says

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Previous German pledges to provide state aid to carmaker Opel no longer apply now that General Motors Co. has said it can restructure its European arm alone, German Economy Minister Rainer Bruederle said. Full story...
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