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Nov
10th

Germany’s Merkel says GM must present Opel plan quickly

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German Chancellor Angela Merkel said GM should present a restructuring plan for its Opel unit quickly, adding the automaker would have to shoulder most of the cost. GM has said it needs about $4. Full story...
Nov
10th

Germany’s Merkel says GM must present Opel plan quickly

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German Chancellor Angela Merkel said GM should present a restructuring plan for its Opel unit quickly, adding the automaker would have to shoulder most of the cost. GM has said it needs about $4. Full story...
Nov
10th

Germany’s Merkel wants GM’s Opel plan quickly

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German Chancellor Angela Merkel said General Motors Co. should present a restructuring plan for its Opel unit quickly, adding the automaker would have to shoulder most of the cost. Full story...
Nov
10th

Nick Reilly to Lead Opel/Vauxhall Operations

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DETROIT - Nick Reilly, GM executive vice president and president, GM International Operations, will immediately assume responsibility for the operations of Opel/Vauxhall Europe while an external search for a new CEO commences, it was announced today. Full story...
Nov
9th

SWITZERLAND: GM to stick with 30% cost reduction for Opel – report

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GM will reportedly stick to a plan to cut costs at Opel by 30%, according to remarks made by Bob Lutz reported in a Swiss newspaper. Full story...
Nov
9th

RUSSIA: Magna, GM, GAZ ‘in talks’ over Russia plant

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Despite the collapse of Magna's proposal to acquire a majority stake in Opel/Vauxhall, Magna is in talks with GM and Russia's GAZ Group over building a vehicle assembly plant in Russia, it is reported in Russia. Full story...
Nov
9th

GERMANY: Wennemer leaves Opel trust

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Manfred Wennemer has stepped down from the Opel trust due to 'strong political influence'. Full story...
Nov
9th

GM CEO starts Opel charm tour in Germany

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GM CEO Fritz Henderson started talks in Germany on Monday aimed at soothing workers' anger over the carmaker's plan to reorganize Opel on its own. Full story...
Nov
9th

GM’s Henderson starts Opel charm tour

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GM CEO Fritz Henderson started talks in Germany on Monday aimed at soothing workers' anger over the carmaker's plan to reorganize Opel on its own. Full story...
Nov
9th

GM CEO Henderson starts Opel charm tour in Germany

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GM CEO Fritz Henderson started talks in Germany on Monday aimed at soothing workers' anger over the carmaker's plan to reorganize Opel on its own. Full story...
Nov
9th

GM CEO Henderson starts Opel charm tour in Germany

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GM CEO Fritz Henderson started talks in Germany on Monday aimed at soothing workers' anger over the carmaker's plan to reorganize Opel on its own. Full story...
Nov
8th

Opel unions see autonomy as key in GM talks

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Opel's top German labor leader said on Sunday he is willing to hold negotiations over a restructuring of the European carmaker under its parent General Motors Co. as long as it gains greater independence. Full story...
Nov
8th

UK: Opel’s Forster heading for JLR – report

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A report in London's Sunday Times over the weekend suggests that outgoing GM Europe chief Carl-Peter Forster could be heading for a role as head of Tata-owned Jaguar Land Rover (JLR) 'within the next few months'. Full story...
Nov
8th

Opel needs more freedom, Magna CEO Wolf says

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European carmaker Opel needs to be able to operate with more freedom from its U.S. parent General Motors Co., a top executive at spurned suitor Magna International Inc. said in a newspaper interview on Sunday. Full story...
Nov
8th

30% cut in Opel’s costs remains GM’s goal, Lutz tells newspaper

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GM probably will stick to a plan to cut costs at Opel by 30% after deciding to restructure the European subsidiary itself rather than sell it, Bob Lutz, a GM executive set to become Opel's chairman, said. Full story...
Nov
8th

Less need for state aid to fix Opel would help GM repair relations with Germany

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General Motors Co.'s decision to scrap the sale of Opel rests on the carmaker's calculation that the hole in its European unit's finances is not as deep as previously feared. Governments should welcome the lower demands on taxpayers with open arms. Full story...
Nov
8th

Reduced need for bailout cash will help GM heal the hurt of failed Opel sale

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General Motors Co.'s decision to scrap the sale of Opel rests on the carmaker's calculation that the hole in its European unit's finances is not as deep as previously feared. Governments should welcome the lower demands on taxpayers with open arms. Full story...
Nov
8th

Ex-Conti CEO quits Opel Trust

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Former Continental AG CEO Manfred Wennemer resigned from the Opel in protest against the constant interference by politicians in Germany surrounding planned sale of Opel. Full story...
Nov
8th

Ex-Conti CEO Wennemer quits Opel Trust

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Former Continental AG CEO Manfred Wennemer resigned from the Opel in protest against the constant interference by politicians in Germany surrounding planned sale of Opel. Full story...
Nov
8th

Ex-Conti CEO Wennemer quits Opel Trust

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Former Continental AG CEO Manfred Wennemer resigned from the Opel in protest against the constant interference by politicians in Germany surrounding planned sale of Opel. Full story...
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