Opel stories:
Berlin divided over state aid to carmaker Opel
Nov 15th, 2009 - Reuters
BERLIN, Nov 15 (Reuters) - Senior members of GermanChancellor Angela Merkel's cabinet sent conflicting signals atthe weekend over whether the government should provide aid toOpel...
REPORT: Germany wants GM's plan for Opel - and a billion dollars
Nov 14th, 2009 - Autoblog
General Motors' bouleversement on the sale of its Opel brand has caused the European head of Opel vacate his office, the head of Opel labor to gulp "a bottle of wine" to get over the shock...UPDATE 1-GM still wants state aid for Opel restructuring
Nov 13th, 2009 - Reuters
* GM remains in talks with governments over aid * Hopes European politicians still willing to pay for Opel * Statement comes after Germany said GM can bear costs FRANKFURT...
UPDATE 3-GM chairman urges changes to pay caps
Nov 10th, 2009 - Reuters
* GM chairman says pay restrictions could hurt automaker * Whitacre says changed conditions prompted Opel decision * CEO has board support, understands mandate -- Whitacre * Whitacre says too early to set IPO timing (Adds quote on IPO...
GM offers Opel workers words instead of freedom
Nov 10th, 2009 - Reuters
RUESSELSHEIM/BERLIN (Reuters) - General Motors Co dashed hopes on Tuesday that Opel would play a greater role within its vast empire and only offered vague assurances that Detroit would lengthen the leash on its rebellious European carmaker.
Opel videos from YouTube:
- Opel; Smuckers; DellGeneral Motors says it expects to release a full restructuring plan for its Opel and Vauxhall operations in mid December. The AP's Sandy Kozel reports.(Nov. 20)
- new opel astra 2010Serbian crew of SAT testing new opel astra 2010
- Opel Insignia OPCOpel Insignia OPC
- OPEL MANTA TURBO 400 PS PART 1
Opel stories from Digg:
Spain sees no more than 900 job cuts at Opel plant
Spain's industry minister on Friday said after meeting with a top General Motors executive that no more jobs would be cut at a GM Opel plant near Zaragoza than previously agreed with former prospectiv(Autos)
ounewslettersFri, Nov 20th, 20091 Diggs, 0 Comments2011 Buick Regal vs 2011 Volvo S60
The new Regal and S60 continue Buick's and Volvo's new design direction. The Regal is German designed (based on the Opel Insignia) and has already been available in China since 2008. It's a bit late to our shores but still arrives ahead of the Volvo S60.(Autos)AutoRivalsFri, Nov 20th, 20091 Diggs, 0 CommentsObama administration surprised too by GM's decision to...
General Motors Co.'s decision not to go through with the sale of its Opel unit took even the Obama administration by surprise. In an interview with Reuters,(Autos)aka4wheelsFri, Nov 20th, 20091 Diggs, 0 Comments
Opel from WikiPedia:
Adam Opel GmbH, commonly known as Opel, is a German automaker. The company was founded on 21 January 1863, began making automobiles in 1899, and was acquired by General Motors Corporation in 1929. As part of GM Europe, Opel is GM's largest European brand and, along with Vauxhall Motors in the UK, it forms GM's core European business.
In early 2009, the future of Opel was thrown into uncertainty as the global financial crisis drove GM towards bankruptcy. However, on 30 May 2009, it was announced that a deal had been reached to transfer New GM Europe (Opel plus Vauxhall, minus Saab) assets to a separate company majority-owned by a consortium led by Sberbank of Russia (35%), Magna International of Canada (20%), and Opel employees and car dealers (10%). GM is expected to keep a 35% minority stake in the new company.
Read more on WikiPedia
