USA / Global
gm europe Articles
Vauxhall to trial Opel Ampera-e in UK despite no RHD plans
The British brand is assessing UK demand for the next-generation version.
Sep 13 2016
GM Europe to lose nearly $2 billion, wants to break even by mid-decade
GM Europe is on track to post a loss of $1.5-1.8 (€1.2-1.4) billion for 2012, so it comes as little surprise that major changes are in store for Opel and Vauxhall.
Oct 31 2012
Opel strategy a failure says GM Vice Chairman
General Motors Vice Chairman Steve Girsky has been caught by a German newspaper saying the strategy for turning round its Opel brand has been a failure. Girsky said "Unfortunately, our plan for making Opel profitable this year did not work".
Dec 06 2011
GM troubled by Opel losses but doesn't want to sell it
A new report states that Opel's operations are too intricately linked with those of GM's to a sale to be a viable option.
Jun 10 2011
GM retracts European aid request; will restructure Opel on its own
Opel will received needed aid from a resurgent GM. GM will now fund restructuring of its European unit on its own after the German government last week rejected a €1 billion aid request.
Jun 17 2010
German government set to reject aid for Opel
The government of chancellor Angela Merkel will look for alternative funding for Opel but believes that GM now has enough cash on hand to restructure its German brand.
Jun 09 2010
Opel set to receive 300 million euros in aid from Spain
Opel is still waiting on a decision by the German government for aid there. Opel is asking for a loan guarantee of €1 billion ($1.2 billion) from Germany to fund its European operations which are based there.
Jun 08 2010
German government received 3 bids for Opel today
Fiat, Magna International and the European Opel Dealer Association are all interested in a stake in the German automaker. The most aggressive bidder is Fiat, which is seeking to take over all of GM Europe's operations to create a global car making giant.
May 20 2009
Car Buying Service
Get upfront price offers on local inventory.
Fiat to Merge with GM Europe & Chrysler to Create New Automotive Superpower
Just days after agreeing to take a 20 percent stake in Chrysler, Fiat is expected to announce plans to purchase GM Europe’s core brands of Opel, Vauxhall, and Saab.
May 04 2009
Opel Weeks away from Collapse
GM’s financial crisis is spreading like wildfire and according to a report, Opel could collapse in just a matter of weeks if the company doesn’t get a massive infusion of cash in the near future.
Mar 02 2009
Vehicle Imagery licensed from EVOX Images
USA / Global
Our International Editions
Edition: USA / Global
Share on Facebook
Share on Twitter
Share on LinkedIn
Share on Flipboard
Share on Reddit
Share on WhatsApp
Send to email