German Chancellor Angela Merkel’s race to save automaker Opel — and the jobs of its 25,000 employees in Germany — is beginning to look like a high-speed pileup that could cost her at the polls. To get ...
After failing to turn a profit for two decades under the ownership of General Motors, Opel has reported a healthy 2018 profit after being acquired by PSA Group. The German car brand and its UK sibling ...
Last week, automotive publication AutoBild released renderings of the upcoming Opel (Vauxhall) Monza concept car expected to bow at the Frankfurt Motor Show in September. Today, the accuracy of the ...
The negotiations process took longer than expected, but the board of General Motors has announced its support for Magna International and Sberbank to take a majority stake in GM Europe’s Opel/Vauxhall ...
General Motors' board will re-study the upgraded Magna takeover proposal on November 3 as part of the company's monthly meeting. Furthermore, the board will analyze Minister zu Guttenberg’s letter and ...
After announcing its new management team that is supposed to help save Opel, Nick Reilly also confirmed that General Motors will give the German brand 650 million Euros until the company manages to ...
FRANKFURT (Reuters) - Following is a chronology of Opel's history and its sale to Peugeot: 1863: Adam Opel set up a sewing machine workshop in the western German town of Russelsheim. He later made ...
General Motors (GM), with its extensive history in the automobile industry, has often collaborated with other manufacturers.
General Motors is currently negotiating the sale of its European operations, which include the Opel and Vauxhall brands, with PSA Group as confirmed from both companies earlier today. “PSA Group ...
Feb 18 (Reuters) - General Motors Corp has said it will need to cut costs by $1.2 billion in Europe to return its business there to profit by 2011, a move that could mean plant closures and thousands ...
OPEL SOURCES IN GERMANY tell us that soon after the September Frankfurt show, Opel design chief Martin Smith and GM Europe boss Mike Burns will approach GM North America to restart the flow of Opel ...
Opel’s new flagship vehicle could share a platform with General Motors’ Saturn brand in the US. “The alignment of Saturn and Opel is opening up totally new possibilities for us in the niche segments,” ...