Nick Reilly
Opel chief hopes for European governments' backing
Mar 03, 2010 01:51 EST
Opel chief executive Nick Reilly said he hoped European governments will commit to restructuring the ailing auto company within four to five weeks after parent company General Motors promised extra financial investment.
Automakers show off hybrids at Geneva Auto Show
Mar 02, 2010 15:43 EST
Hybrid or Hype? Automakers show off new fuel cars but expect gas to dominate for a while. Hybrid or hype?
GM to triple funding for Opel restructuring
Mar 02, 2010 09:00 EST
General Motors to more than triple funding for restructuring at Opel, Vauxhall. 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).
GM to more than triple Opel investment
Mar 02, 2010 07:01 EST
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.
GM to more than triple Opel investment
Mar 02, 2010 04:44 EST
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.
GM says it will more than triple Opel investment
Mar 02, 2010 03:10 EST
US automaker General Motors said Tuesday it would more than triple the amount of funds needed to rescue its ailing European division Opel/Vauxhall, providing more than half the total in response to calls from European governments.
GM says it will commit 1.9 billion euros to Opel
Mar 02, 2010 02:50 EST
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.
Opel to launch inner-city electric car
Feb 28, 2010 18:06 EST
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.
Opel asks European govts for $3.7 billion in loans
Feb 09, 2010 10:14 EST
GM's Opel plans to invest $11 billion, seeks $3.7 billion in aid; cuts 8,300 jobs in Europe. 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.
GM clinches last-minute deal to sell Saab to Spyker
Jan 26, 2010 14:58 EST
General Motors on Tuesday announced a "binding agreement" to sell its Saab division to Dutch luxury sports car maker Spyker, in an 11th-hour deal saving the storied Swedish brand.
GM announces deal to sell Saab to Spyker
Jan 26, 2010 13:33 EST
US automaker General Motors said Tuesday it had agreed to sell its Saab brand to Dutch luxury sports car manufacturer Spyker.
Union: Opel plant closure a "declaration of war"
Jan 22, 2010 09:24 EST
German union says Opel's planned closure of Belgian plant is a "declaration of war" on workers. 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" on European workers.
Outrage as GM axes Belgian auto plant
Jan 21, 2010 13:01 EST
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.
GM to close Belgian Opel plant, axe 2,600 jobs
Jan 21, 2010 11:05 EST
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.
GM axes Belgian auto plant
Jan 21, 2010 10:00 EST
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.
GM's Opel to cut 8,300 jobs across Europe
Jan 21, 2010 09:57 EST
Antwerp plant to close due to "tough reality" of shrinking auto market. General Motors Co.'s Opel unit will cut 8,300 jobs across Europe, including 4,000 in Germany, and close a plant in Antwerp, Belgium ? casualties of the "tough reality" of a shrinking European auto market.
GM shifts Belgian SUV output to S.Korea
Jan 21, 2010 09:49 EST
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.
GM to close Belgian Opel plant
Jan 21, 2010 09:33 EST
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.
GM to close Belgian Opel plant
Jan 21, 2010 07:56 EST
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.
GM's Opel to cut 8,300 jobs across Europe
Jan 21, 2010 06:48 EST
Antwerp plant to clouse due to "tough reality" of shrinking auto market. General Motor Co.'s Opel unit will cut 8,300 jobs across Europe, including 4,000 in Germany, and close a plant in Antwerp, Belgium ? casualties of the "tough reality" of a shrinking European auto market.