19 Mar 2009, 09:31 UTC · By: Bogdan Popa / The European unit of General Motors hired consultancy Roland Berger to help parent company establish a better survival plant for Opel. More specifically, Roland Berger will assist General Motors in ...
16 Mar 2009, 15:08 UTC · By: Bogdan Popa / Germany's economy minister Karl-Theodor zu Guttenberg will meet with representatives of the United States to discuss the possibilities to help General Motors' brand Opel. According to The ...
11 Mar 2009, 09:32 UTC · By: Bogdan Popa / Speaking about Opel's future and about the chances to help the German brand cope with the economic recession, German Chancellor Angela Merkel insisted state aid will only be approved after the ...
11 Mar 2009, 08:47 UTC · By: Alex Oagana / The Federal Motor Transport Authority has officially calculated the fleet consumption of the BMW Group brands in 2008, and the results are more than uplifting for Bimmer fans with a green side. Appa...
9 Mar 2009, 19:05 UTC · By: Daniel Patrascu / German chancellor Angela Merkel requires a better survival plan to be forwarded by Opel, but warns that even if it does so and the plan is approved, it is unlikely the aid will come in the form of c...
6 Mar 2009, 10:50 UTC · By: Bogdan Popa / German Interior Minister Wolfgang Schaeuble said in a interview for the Handelsblatt business daily that insolvency may prove to be Opel's only chance to remain in business and, even if most pe...
5 Mar 2009, 14:09 UTC · By: Bogdan Popa / Representatives of the German government said the company can't make a decision whether to direct the requested funds to Opel as the rescue proposal is "inadequate", Autonews informed...
4 Mar 2009, 18:53 UTC · By: Daniel Patrascu / If you first don't succeed, try again, the saying goes. It is what GM is doing in order to raise the much needed $4.2 billion. The company is now talking to Spain, Britain and several other co...
27 Feb 2009, 16:18 UTC · By: Bogdan Popa / General Motors Europe and Opel submitted their viability plan to the German government, emphasizing the need for state support to finance a liquidity gap through the end of 2011. Curiously enough, G...
27 Feb 2009, 11:04 UTC · By: Bogdan Popa / As sales in both domestic and overseas markets decreased massively, Opel has already applied for state funds, saying that a 3.3 billion euro loan is absolutely necessary to finance a liquidity gap t...
26 Feb 2009, 08:52 UTC · By: Bogdan Popa / The economic recession is still making victims in the automotive industry and, even if most automakers around the world already applied massive cost-cutting plans meant to help them cope with the re...
23 Feb 2009, 16:30 UTC · By: Bogdan Popa / Following Opel's call for support last week, German officials came out and explained that it's practically impossible to direct funds to a struggling automaker unless it submits a survival...
20 Feb 2009, 16:39 UTC · By: Madalina Iancu / Apparently, Great Britain must take inspiration from France's and Germany's "scrappage scheme" if they want to get rid of the clunkers in people's yards and boost the automo...
19 Feb 2009, 13:51 UTC · By: Bogdan Popa / American automaker General Motors does not plan to close German production facilities owned by Opel and expects to see most of its European operations returning to profitability by 2011.
Juergen...
16 Feb 2009, 15:28 UTC · By: Bogdan Popa / The Hyundai frenzy continues even after the company unveiled the Genesis Coupe at the Chicago Auto Show with a brand new model, this time launched in Germany. The South Korean released the Hyundai i...
13 Feb 2009, 14:54 UTC · By: Madalina Iancu / Test drives are certainly extremely challenging especially when you get your hands on an exotic vehicle. But this is only one side of the coin as unfortunate accidents also happen...
This was the...
3 Feb 2009, 09:51 UTC · By: Bogdan Popa / Forming strategic alliances during recession times seem to be the easiest way to cut costs without slashing budgets and workforce at plants around the world. And even if they were often described as...
29 Jan 2009, 10:59 UTC · By: Bogdan Popa / General Motors won't produce new Saab cars in Germany but, in return, it will move the production of new Buick models at Opel's main plant in Ruesselsheim near Frankfurt. Opel will become ...
27 Jan 2009, 10:51 UTC · By: Daniel Patrascu / Residents of the small German settlement Limbach – Oberfrohna, near Chemnitz, woke up to the sounds of sirens, as emergency services rushed to the scene of a somewhat odd accident.
The to...
25 Jan 2009, 10:51 UTC · By: Bogdan Popa / Even though there were rarely dotted with new Formula 1 car launches, the last seven days were mainly focused on general automotive reports, just like it happened the week before. Despite the fact t...