Opel to Appoint Former VW China Boss as Chairman
An official Opel statement, from the German version of the Financial Times, said: “Neumann as boss would be good for Opel. He has the credentials that we need.” The company does really need a shake-up, and perhaps Neumann is just what they need to break free of the financial rut they are in right now.
Opel is currently a money pit for GM, and while the complete closure has not been publicly discussed, we are sure there have been plenty of board meetings discussing just this matter.
Story via autocar.co.uk