General Motors Europe is developing a cost calculator to help potential Opel/Vauxhall Ampera buyers understand the true benefits of owning its extended-range plug-in hybrid.
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The head of Opel appears to be playing the jobs card in his pleas for government aid.
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General Motors' German unit Opel could slash 3,500 jobs as part of a plan to cut costs and relaunch as an independent company, GM Europe head Carl-Peter Forster told a German newspaper.
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General Motors Europe will run out of money in the second quarter unless European governments come quickly to the company's aid, Chief Operating Officer Fritz Henderson said.
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General Motors Europe will run out of money in the second quarter unless European governments come quickly to the company's aid, Chief Operating Officer Fritz Henderson said.
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General Motors Europe will run out of money in the second quarter unless European governments come quickly to the company's aid, COO Fritz Henderson said today.
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General Motors' plan to spin off Opel probably would involve giving equity stakes to European governments initially rather than selling shares to private investors, GM executives said today.
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General Motors Europe will run out of money in the second quarter unless European governments come quickly to the company's aid, COO Fritz Henderson said today.
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German ministers have said they won't be pressured into making a fast decision on state aid to Opel and had not yet seen a viable plan.
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Lamborghini has upped the output of the V-12 engine in its flagship Murcielago sports car. The 6.5-liter unit now develops 670hp and is capable of propelling the supercar from zero to 100kph in 3.2 seconds and on to a top speed of 342kph.
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Lamborghini has upped the output of the V-12 engine in its flagship Murcielago sports car. The 6.5-liter unit now develops 670hp and is capable of propelling the supercar from zero to 100kph in 3.2 seconds and on to a top speed of 342kph.
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The German government has reacted cautiously on the question of state aid for Opel, which the unit will be asking for in a detailed document due to be submitted today.
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Opel has released another image of its range-extending Ampera hybrid ahead of its official debut at the Geneva motor show.
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Opel has released another image of its range-extending Ampera hybrid ahead of its official debut at the Geneva motor show.
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German Economy Minister Karl-Theodor zu Guttenberg said today he will not be pressured into making a quick decision on granting state aid to struggling Opel.
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German Chancellor Angela Merkel said on Saturday a decision on state aid for Opel depended on the firm's long-term outlook and on the readiness of banks to help.
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German Chancellor Angela Merkel said on Saturday a decision on state aid for Opel depended on the firm's long-term outlook and on the readiness of banks to help.
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Opel urgently needs money to prevent a cash crisis that could result in the total failure of its operations. The time frame is weeks.
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General Motors vows that its tightly knit product development partnership with Adam Opel AG will continue, despite GM's plans to sell a minority stake in the German automaker.
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German Economy Minister Karl-Theodor zu Guttenberg said today he will not be pressured into making a quick decision on granting state aid to General Motors' Opel unit.
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