Opel
GM Financial launches Opel Financial Services brand in Europe
GM Financial Company Inc. has launched its new Opel Financial Services brand, after buying back European and other international operations of Ally Financial. With its German banking... Read more about GM Financial launches Opel Financial Services brand in Europe
GM making progress in restructuring its money-losing Opel/Vauxhall unit in Europe
General Motors said last Thursday that its first-quarter pretax loss in Europe decreased to $175 million from $294 million the previous year. This prompted analysts to state that while GM... Read more about GM making progress in restructuring its money-losing Opel/Vauxhall unit in Europe
Opel workers at Bochum urged to revote on restructuring deal
The president of the United Auto Workers union is urging workers at Opel's Bochum site in Germany to agree to a deal they had rejected to keep the plant open. Bob King, who is also a... Read more about Opel workers at Bochum urged to revote on restructuring deal
Official: Opel to shut down its car plant in Bochum at the end of 2014
Soon after Opel workers rejected a wage freeze, the company proceeded with plans to shut down its auto plant in Bochum, Germany, at the end of 2014. This is the first time for an auto... Read more about Official: Opel to shut down its car plant in Bochum at the end of 2014
Opel to offset European losses by exporting to Russia and Turkey
Opel, General Motors’ bleeding European unit, will try to counter its loss-making ways in the region by exporting its products to Russia and Turkey, GM chief executive Dan Akerson told... Read more about Opel to offset European losses by exporting to Russia and Turkey
Opel to close Bochum factory in Germany by end of 2014, as workers reject deal
Opel will shut down its Bochum plant in Germany earlier than planned after the site’s employees rejected a deal that would have resulted to saving over a third of the factory’s jobs.... Read more about Opel to close Bochum factory in Germany by end of 2014, as workers reject deal
Next-generation Opel Mokka will be produced in Europe rather than in Korea
Opel will produce the next generation of its Mokka subcompact crossover in Europe rather than in Korea where the existing model is built, Thomas Sedran, Opel's strategy chief, confirmed.... Read more about Next-generation Opel Mokka will be produced in Europe rather than in Korea
New Opel CEO Karl-Thomas Neumann says he can revive the brand
Karl-Thomas Neumann, the new CEO of Opel, is confident that with funding from parent General Motors, the European brand will be able to cut its losses and will be on the road to recovery.... Read more about New Opel CEO Karl-Thomas Neumann says he can revive the brand
Opel CEO wants Drive 2022 plan to be implemented with no major changes
Karl-Thomas Neumann, the new chief executive of Opel, has expressed his full support of the beleaguered carmaker’s restructuring plan. Sources told Automobilwoche that Neumann has... Read more about Opel CEO wants Drive 2022 plan to be implemented with no major changes
GM and Opel unions reach deal on closure of Bochum site, frozen wages
General Motors Co. has reached an agreement with labor leaders to guarantee the jobs of over 20,000 German workers at its Opel unit in exchange for the shutdown of its Bochum site and a... Read more about GM and Opel unions reach deal on closure of Bochum site, frozen wages
Opel will unveil Adam R2 racing concept at Geneva Motor Show
Opel will be unveiling a racing concept of its recently launched Adam minicar at the Geneva Motor Show slated next month. Built based on FIA R2 regulations, the Adam R2 concept’s final... Read more about Opel will unveil Adam R2 racing concept at Geneva Motor Show
2013 Geneva Motor Show Preview: Opel Adam Rocks Concept
At this year’s Geneva Motor Show, Opel will bring the Adam Rocks Concept. The new Adam Rocks not only previews a convertible version of the Adam city car that will take on the Fiat 500C... Read more about 2013 Geneva Motor Show Preview: Opel Adam Rocks Concept
Opel names Karl-Thomas Neumann as Management Board chairman
Opel’s Supervisory Board has named Dr. Karl-Thomas Neumann as chairman of the Management Board of Adam Opel AG, effective March 1, 2013. Opel’s parent, General Motors, also named Neumann... Read more about Opel names Karl-Thomas Neumann as Management Board chairman
Opel received over 20,000 customer orders for Adam minicar
Over 20,000 customer orders have been received by German carmaker Opel for its new Adam minicar since October 2012. General Motors' loss-making European unit disclosed that majority of... Read more about Opel received over 20,000 customer orders for Adam minicar
IG Metall wants GM to secure Opel jobs until end of 2018
German trade union IG Metall demands that General Motors guarantee that no employee of its Opel unit working at the Bochum plant in Germany will become unemployed after production ends.... Read more about IG Metall wants GM to secure Opel jobs until end of 2018
Duncan Aldred replaces Alfred Rieck as Opel sales and marketing chief
Duncan Aldred has been named as the replacement to Alfred Rieck. Aldred is now the acting sales and marketing chief, taking the place of Rieck who held this post for slightly more than... Read more about Duncan Aldred replaces Alfred Rieck as Opel sales and marketing chief
IG Metall set to refuse GM’s demand to freeze Opel workers’ wages
German trade union IG Metall will refuse demands by the General Motors’ management to freeze the wages of Opel’s workers in Germany as long as the unit incurs losses, according to a... Read more about IG Metall set to refuse GM’s demand to freeze Opel workers’ wages
GM commits to sticking with restructuring plan for Opel
General Motors Co. has pledged to hold onto its gradual approach to Opel restructuring despite doubts over its feasibility as well as signs of increasing pressure from the French... Read more about GM commits to sticking with restructuring plan for Opel
Karl-Thomas Neumann is the new Opel CEO
Effective March 1, Karl-Thomas Neumann will start holding office as Opel's new CEO, a source confirmed to Reuters. He replaces Thomas Sedran, Opel’s acting CEO. This is four months... Read more about Karl-Thomas Neumann is the new Opel CEO
Opel optimistic about being profitable with the new Adam
Opel/Vauxhall is positive that it could build its new Adam minicar in Germany and still post profits, Opel sales and marketing chief Alfred Rieck told Automotive News Europe. Rieck... Read more about Opel optimistic about being profitable with the new Adam
PSA and Opel in talks over likely joint vehicle development
PSA/Peugeot-Citroen and General Motors' Opel unit are holding discussions over a possible joint vehicle development, although there are still no plans to produce cars together, Opel’s... Read more about PSA and Opel in talks over likely joint vehicle development
Opel announces its comeback in motorsport
Who said that a company has to be dull when it’s struggling financially? General Motors’ European division Opel aims to get people excited as it continues to build its brand by building... Read more about Opel announces its comeback in motorsport
Opel labor leader confident that a deal on German jobs will be reached
The top labor leader of money-losing Opel is confident that a deal with be reached with the automaker’s management with regards to the jobs in Germany by Christmas. Opel works council... Read more about Opel labor leader confident that a deal on German jobs will be reached
Opel/Vauxhall ends development of electric Adam minicar due to high costs
Opel/Vauxhall has terminated the development of an electric version of the Adam minicar, citing high costs. Opel’s project has already reached the stage of development of a working car,... Read more about Opel/Vauxhall ends development of electric Adam minicar due to high costs
Opel bets on Turkey to boost Astra sedan sales
Opel believes that its new Astra four-door compact sedan will boost its growth in Turkey. Opel sales chief Alfred Rieck released a statement right before the opening of the biennial... Read more about Opel bets on Turkey to boost Astra sedan sales
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