Opel CEO Confirms: Mini Car in the Works
7 Dec 2009, 09:33 UTC · By: Bogdan Popa / German brand Opel, currently awaiting GM's restructuring plan, plans to develop a mini car that would better comply with the current market's demands, interim CEO Nick Reilly said in a sta...
GM to Reduce Opel Job Cuts
5 Dec 2009, 11:00 UTC · By: Bogdan Popa / General Motors agreed to save another 550 jobs at the Opel engineering center in Germany, a move that further reduces the final amount of job cuts prepared for the German manufacturer as part of res...
GM to Inject 600m Euro in Opel Shake-up
3 Dec 2009, 08:40 UTC · By: Bogdan Popa / General Motors has already stated that it is looking at ways to restructure Opel using its very own resources but it also emphasized the fact that it needs support from countries hosting Opel factor...
Reilly: Opel Will Enjoy Authority within New GM
3 Dec 2009, 07:36 UTC · By: Bogdan Popa / General Motors is still working on the viability plan for Opel and, at the same time, it holds negotiations with all involved parties to ensure the company's success. Following the meeting of t...
CEO: Opel Will Become a Major Force
28 Nov 2009, 08:35 UTC · By: Bogdan Popa / General Motors hopes the Opel viability plan will bring the brand in the pinnacle of the European auto sector, despite the massive job cuts it wants to apply in the Old Continent. If we are to trust...
GM Doesn't Qualify for German State Aid
27 Nov 2009, 08:05 UTC · By: Bogdan Popa / General Motors is not eligible to receive state aid under the Germany Fund programme that provides financial backing to companies trying to deal with the crisis. At least, this is that a German gove...
German Official: GM's Job Cuts Are "Completely Unacceptable"
27 Nov 2009, 07:36 UTC · By: Bogdan Popa / General Motors held talks with German officials and labor leaders over the proposed job cuts, revealing that Germany would be the most affected if its restructuring plan gets the final approval. But...
GM Promises to Keep German Opel Plants Open
26 Nov 2009, 08:48 UTC · By: Bogdan Popa / While rumors are pointing to dramatic changes in Opel's European business, General Motors promises to keep all German plants open but will attempt to reduce production across the continent by 2...
GM's Opel Job Cut Plan Revealed, Germany the Most Affected
26 Nov 2009, 08:27 UTC · By: Bogdan Popa / General Motors has already announced that it intends to cut approximately a fifth of its 50,000 European workforce but, until now, nobody knew exactly how many jobs will go at every location Opel is...
Angela Merkel Expects Thank You Letter from GM
25 Nov 2009, 10:09 UTC · By: Bogdan Popa / German Chancellor Angela Merkel is one of the German officials that struggled to help Opel step aside GM's ownerships and supported Magna's point of view with every single occasion. Furthe...
GM to Cut "Only" 9,000 Opel Jobs
25 Nov 2009, 09:52 UTC · By: Bogdan Popa / General Motors finally paid back the loan it received from Germany to keep Opel alive and the company is now promising to cut fewer jobs across Europe. According to Autonews, the US-based manufactur...
GM Wants $4.9 Billion from the EU
24 Nov 2009, 13:50 UTC · By: Daniel Patrascu / Remember a few weeks back, when, GM's CEO Fritz Henderson said that, if needed, GM could make ends meet by itself and repay the European countries for the money they received this year? Apparen...
Porsche Debuts Starter Li-Ion Battery for 2010 Models
23 Nov 2009, 15:06 UTC · By: Bogdan Popa / Porsche has just announced that it will offer a starter lithium-ion battery on select 2010 models, including the 911 GT3, 911 GT 3 RS, and Boxster Spyder as an option delivered with the car. The Ger...
German Minister Urges GM to Submit Opel Plan
23 Nov 2009, 13:46 UTC · By: Bogdan Popa / General Motors has already started negotiations with employees, union and government officials but countries hosting Opel factories are still pressing GM to reveal its restructuring plan. Germany�...
Opel Restructuring Plan Coming in December
20 Nov 2009, 07:41 UTC · By: Bogdan Popa / General Motors will present its restructuring plan for Opel in December, Nick Reilly, interim boss for GM Europe, said in a statement revealing that the reorganization will be similar to the one pro...
EU, GM to Talk on Opel Future in Brussels
19 Nov 2009, 08:47 UTC · By: Bogdan Popa / General Motors representatives will meet with EU officials and European economic ministers next Monday in Brussels to talk on Opel's future. Basically, the European Commission is attempting to ...
US Won't Intervene in GM - EU Countries Talks
19 Nov 2009, 08:20 UTC · By: Bogdan Popa / General Motors decided to keep Opel and try to reorganize the brand on its own but the decision only led to an avalanche of criticism from German officials who saw their efforts biting the dust afte...
US Task Force "Completely" Surprised by GM's Opel Decision
19 Nov 2009, 08:01 UTC · By: Bogdan Popa / General Motors announced a few weeks ago that it will scrap plans to sell Opel to Magna International and will keep the brand, with the restructuring process to be done under its ownership. The anno...
Volkswagen New Beetle Black-Orange Special Edition
18 Nov 2009, 13:21 UTC · By: Bogdan Popa / German carmaker Volkswagen announced the release of a new special edition Beetle that will be sold through the company's German dealership network. The so-called Black-Orange series is availabl...
GM Confirms It Might Eliminate 10,000 European Jobs
18 Nov 2009, 08:00 UTC · By: Bogdan Popa / Ever since General Motors announced its plans to keep Opel, people started wondering how many people will actually leave the German brand as part of the shake-up. Some voices close to the matter hin...