Unions at General Motors' Opel plant in Spain said negotiations with management on a restructuring plan for the factory collapsed late on Wednesday. The central government in Madrid immediately called a meeting between the two sides for Thursday to try and reach ...
For decades, post war Europe and North America had two different ideas of the motor car as Europeans opted for small Beetles, Minis and Cinquecentos while Americans chose something much, much bigger. "My generation grew up with huge cars, long Cadillacs, things ...
FILE - In this Nov. 25, 2009 file picture CEO of GM of Europe Nick Reilly meets the media after visiting the Opel headquarters in Ruesselsheim, central Germany. General Motors Co. said Tuesday March 2, 2010 it would more than triple its ...
General Motors to more than triple funding for restructuring at Opel, Vauxhall General Motors Co. said Tuesday it would more than triple its funding for the turnaround of European units Opel and Vauxhall to euro1.9 billion ($2.6 billion). General Motors had initially ...
US automaker General Motors said Tuesday it would more than triple its contribution to a rescue of ailing European division Opel/Vauxhall, providing more than half the total after calls from European governments. Opel said in a statement that GM would invest 1.9 ...
The US automaker General Motors said Tuesday it would commit 1.9 billion euros (2.6 billion dollars) to restructuring its ailing European division Opel/Vauxhall, three times more than foreseen orginally. GM would thus provide more than half of the three billion euros estimated ...
Ailing carmaker Opel is considering launching an electric car for inner-city use to tap what it sees as a high-potential market, the firm's boss said in an interview Sunday. "We are thinking about a small electric vehicle," the chief of the General ...
The German government and parliament, which have been asked for money to help rescue Opel, said Wednesday that a plan to restructure the ailing car maker was insufficient. Opel has sought 1.5 billion euros (2.0 billion dollars) from Berlin, which awaits the ...
<div><p>The head of GM Europe Nick Reilly on Saturday said a restructuring plan for car makers Opel and Vauxhall would involve about 8,300 job cuts, slightly fewer than the 9,000 lay-offs which had been expected.</p><p>Reilly said in a conference call that the ...
<div id="subtitle">GM Europe chief says he is still hoping for German support for Opel's restructuring</div><div><p>The new president of GM Europe said Saturday that he was still hoping for German government financial assistance to restructure Opel, but added that even if Berlin fails ...
