The new management team of new Opel/Vauxhall CEO Nick Reilly will be presented next week, which is later than he had planned.
Reilly pointed out that he needs more time to merge leadership functions previously carried out at GM Europe's headquarters in Zurich, Switzerland, and at Opel's headquarters in Ruesselsheim, Germany, according to a Reuters report.
GM is transferring its European base to Ruesselsheim and eliminating redundancies in the organization.
Meanwhile, Chevrolet Europe headed by Wayne Brannon will continue to operate out of Zurich, with Brannon reporting to Reilly.
Reilly, who also serves as GM Europe president, had pledged that the new team would be revealed in the middle of this week. Many held their breath but last Friday, an Opel spokesman announced that this has been put off until next week.
The spokesman said that it's best not to speculate on the timing. Reilly is now tasked with leading Opel's restructuring after he replaced former GM Europe President Carl-Peter Forster, who quit last month.
Last Thursday, Reilly said the turnaround plan for Opel will likely be completed only in January. [via autonews - sub. required]