Spain's GM plant, unions fail to reach restructuring deal

2010-03-10T14:17:11Z

<div><p>Unions at General Motors' Opel plant in Spain said negotiations with management on a restructuring plan for the factory collapsed late on Wednesday.</p><p>The central government in Madrid immediately called a meeting between the two sides for...

Size matters at Geneva Motor Show

2010-03-03T22:15:52Z

<div><p>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.</p><p>"My generation grew up with huge cars, long Cadillacs, things that looked like aircraft carriers going down the road," explained Europe Nick Reilly meets the media after visiting the Opel headquarters in Ruesselsheim, central Germany. G...

GM to triple funding for Opel restructuring

2010-03-02T06:15:16Z

<div id="subtitle">General Motors to more than triple funding for restructuring at Opel, Vauxhall</div><div><p>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).</p><p>General Motors had initially pledged euro600 mi...

GM to more than triple Opel investment

2010-03-02T05:17:12Z

<div><p>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.</p><p>Opel said in a statement that GM would invest 1.9 billion euros (2.6 billion dollars) "as part of its commitment to the European viability plan," more than three tim...

GM says it will commit 1.9 billion euros to Opel

2010-03-02T00:16:21Z

<div><p>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.</p><p>GM would thus provide more than half of the three billion euros estimated necessary to turn

Opel to launch inner-city electric car

2010-02-28T15:15:56Z

<div><p>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.</p><p>"We are thinking about a small electric vehicle," the chief of the General Motors unit, Nick Reill...

German government, lawmakers say Opel rescue plan falls short

2010-02-24T10:16:54Z

<div><p>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.</p><p>Opel has sought 1.5 billion euros (2.0 billion dollars) from Berlin, which awaits the results of a private audit before saying whether the government will give Opel the m...

GM must raise share of Opel costs to get aid: paper

2010-02-22T02:30:14Z

<div><p>FRANKFURT/BERLIN (Reuters) - General Motors should raise its share of the reorganization costs for its European arm Opel in order to get state aid from

Opel asks European govts for $3.7 billion in loans

2010-02-22T10:38:53Z

<div id="subtitle">GM's Opel plans to invest $11 billion, seeks $3.7 billion in aid; cuts 8,300 jobs in Europe</div><div><p>GM's Opel unit asked European governments for billions of euros (dollars) in aid on Tuesday even as it formally presented a restructuring plan that will result in some 8,300 job cuts in Europe.</p><p...

Germany GM Opel

2010-02-09T05:31:07Z

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. G...

Opel unions issue strike warning over factory closure

2010-02-22T14:35:36Z

<div><p>Unions at General Motors unit Opel on Tuesday warned widespread strike action is a possibility as they refused to accept a planned Belgian plant closure at the troubled carmaker.</p><p>"A strike is the last resort, but management has to realise that we will undertake all manner of (industrial) a...

Belgian Opel closure: 'Like giving my bread to another man'

2010-02-22T16:22:00Z

<div><p>"It's a disaster" was 47-year-old auto worker Ronny Dupon's reaction on Friday after General Motors announced the closure of its Opel plant in Antwerp, voicing the feelings of anger and despair sweeping the city.</p&a...

Union: Opel plant closure a "declaration of war"

2010-02-22T17:13:24Z

<div id="subtitle">German union says Opel's planned closure of Belgian plant is a "declaration of war" on workers</div><div><p>Employee representatives at General Motors Co.'s Opel unit on Friday slammed the automaker's announcement it would cut 8,300 jobs and close its plant in Belgium as a "declaration of war" ...

Outrage as GM axes Belgian auto plant

2010-02-22T17:00:31Z

<div><p>General Motors Europe announced on Thursday it is to close an entire car production plant in Belgium, making 2,600 workers redundant and ramping up an already tense climate of industrial unrest.</p><p>"Our intention today is to stop production in a matter of a f...

GM to close Belgian Opel plant, axe 2,600 jobs

2010-02-22T17:02:50Z

<div><p>General Motors Europe announced on Thursday it is to close an entire car production plant in Belgium, making 2,600 workers redundant and ramping up an already tense climate of social unrest.</p><p>"Our intention today is to stop production in a matter of a few m...

GM axes Belgian auto plant

2010-02-22T17:02:51Z

<div><p>General Motors Europe announced on Thursday it is to close an entire car production plant in Belgium, making 2,600 workers redundant and ramping up an already tense climate of social unrest.</p><p>"Our intention today is to stop production in a matter of a few m...

GM shifts Belgian SUV output to S.Korea

2010-02-22T17:03:04Z

<div><p>GM Europe will shift production on a new line of small SUV cars to South Korea, under the decision to close a major Opel plant in Belgium with the loss of 2,600 jobs.</p><p>The company's new chief executive General Motors Europe told unions on Thursday it was to close its Opel auto production plant in Antwerp, in a blow that Belgian industry said would cost 5,000 jobs in all.</p><p>The site will be closed over...

Opel to close Belgian plant this year

2010-02-22T17:09:10Z

<div><p>Directors of the European carmaker Opel announced on Thursday that a Belgian plant in Antwerp would be shut down this year.</p><p>The site, which would be closed "during 2010," employs 2,600 workers, an Opel statement said.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=67436351&bi...

News on Adam Opel AG

Spain's GM plant, unions fail to reach restructuring deal

Size matters at Geneva Motor Show

GM to triple funding for Opel restructuring

GM to more than triple Opel investment

GM says it will commit 1.9 billion euros to Opel

Opel to launch inner-city electric car

German government, lawmakers say Opel rescue plan falls short

GM must raise share of Opel costs to get aid: paper

Opel asks European govts for $3.7 billion in loans

Germany GM Opel

Opel unions issue strike warning over factory closure

Belgian Opel closure: 'Like giving my bread to another man'

Union: Opel plant closure a "declaration of war"

Outrage as GM axes Belgian auto plant

GM to close Belgian Opel plant, axe 2,600 jobs

GM axes Belgian auto plant

GM shifts Belgian SUV output to S.Korea

Opel to close Belgian plant this year