Opel names new human resources bossApril 17, 2013 14:47 CET  Opel has named Ulrich Schumacher its new human resources and labor relations boss. The 55-year-old German, who has worked at Ford and Magna International, also will serve as vice president of human resources for General Motors Europe.... Read More »
Girsky's Opel saga: Imitating Hannibal 12:01 am U.S. ET | April 8, 2013  More than just billions of dollars in losses, General Motors Vice Chairman Steven Girsky is fighting a culture within Opel that sees itself as an entity totally separate from GM even after more than eight decades of control.... Read More »
RESTRUCTURING GM's Girsky slashes at Opel's cultureMarch 26, 2013 08:34 CET  General Motors Vice Chairman Steve Girsky took inspiration from a historical figure to try and stem chronic losses at Opel. GM is the leader in China and the United States but turning around its Europe operations remains spectacularly challenging.... Read More »
PRODUCTION Opel union seeks talks over Bochum future after workers reject dealMarch 22, 2013 12:07 CET  Opel union leaders are seeking talks over the future of the General Motors unit's Bochum, Germany, car factory after workers rejected a deal that would have saved more than a third of the jobs at the location.... Read More »
PLANT CLOSURES Opel turnaround plan faces union vote at Bochum plantMarch 21, 2013 09:34 CET  General Motors faces a test in its plans to restructure Opel as workers at its Bochum, Germany, assembly plant vote on a deal that would guarantee the jobs of more than 20,000 German workers in exchange for a wage freeze through 2015, and keep their plant running until 2016.... Read More »
Opel to freeze pay as Ford's Belgian workers agree on severanceMarch 15, 2013 15:19 CET GM and Ford won employees' approval in Europe for labor-cost cut plans to restore earnings in the region in response to a recession that's reducing vehicle sales. Manufacturing workers at Ford's plant in Genk, Belgium, and its suppliers will end walkouts after agreeing to severance packages.... Read More »
GM, Ford secure cuts in labor costs in Europe 9:19 am U.S. ET | March 15, 2013  GM and Ford won employees’ approval in Europe for labor-cost reductions to restore earnings in the region in response to a recession that’s reducing vehicle sales.... Read More »
Girsky irked by Europe's chilly reception for plug-inMarch 15, 2013 06:01 CET  GM Vice Chairman Steve Girsky isn't happy with the lukewarm reception the Opel Ampera plug-in hybrid has received in Europe.... Read More »
NEWS ANALYSIS European auto execs see rebound next year at the earliestMarch 11, 2013 06:01 CET  The struggling European auto industry will bounce back next year. Or maybe in 2016. Or maybe later. It depends on whom you talk to among the executives here coping with depressed sales and the uncertain government response to Europe's economic crisis.... Read More »
NEWS ANALYSIS Europe: Just how bad is it? 12:01 am U.S. ET | March 11, 2013  The struggling European auto industry will bounce back next year. Or maybe in 2016. Or maybe later. It depends on whom you talk to among the executives here coping with depressed sales and the uncertain government response to Europe's economic crisis.... Read More »
FINAL ASSEMBLY Girsky's irked by Europe's chilly reception for plug-in 12:01 am U.S. ET | March 11, 2013  General Motors Vice Chairman Steve Girsky isn't happy with the lukewarm reception the Opel Ampera plug-in hybrid has received in Europe.... Read More »
GM execs receive 324,489 restricted stock units 4:08 pm U.S. ET | March 5, 2013 Eight top GM executives have been awarded more than 324,000 restricted stock units that vest over the next three years, according to regulatory documents filed today.... Read More »
New Opel CEO Neumann readies turnaround plansMarch 5, 2013 15:28 CET  Karl-Thomas Neumann, Opel's new CEO, outlined three priorities while saying he took the job at General Motors' money-losing European subsidiary because of its improved vehicles and GM's commitment to spend billions of dollars turning the business around.... Read More »
New Opel CEO Neumann readies turnaround plans 9:28 am U.S. ET | March 5, 2013  Karl-Thomas Neumann, Opel's new CEO, outlined three priorities while saying he took the job at General Motors' money-losing European subsidiary because of its improved vehicles and GM's commitment to spend billions of dollars turning the business around.... Read More »
MIKE COLIAS Is Buick next in line for Opel's new convertible? 7:22 am U.S. ET | March 5, 2013  Could the Opel Cascada convertible unveiled at the show here today be headed to Buick showrooms in North America? GM Vice Chairman Steve Girsky wouldn't say for sure, but offered some grist for the rumor mill.... Read More »
GM expects Opel labor deal soonFeb. 25, 2013 15:02 CET  GM believes it can strike a deal in the next few days with German labor unions over a restructuring of its money-losing European unit Opel, GM Vice Chairman Steve Girsky said on Monday.... Read More »
PSA-GM joint vehicle programs will use French carmaker's platformsJan. 24, 2013 12:12 CET  General Motors and PSA will build joint vehicle programs using underpinnings from the French automaker. The first vehicles from the tie-up are due in 2016.... Read More »
Opel union spurns GM's demand for wage freezeJan. 23, 2013 10:40 CET  German trade union IG Metall said it will not accept demands by General Motors to freeze wages for workers at its money-losing Opel division in Germany.... Read More »
GM steps up cost-cutting pressure at OpelJan. 22, 2013 12:38 CET General Motors said it may close a German factory at its Opel subsidiary earlier than proposed adding restructuring talks with unions must be wrapped up by February, as the U.S. carmaker seeks deep cuts to save its ailing brand.... Read More »
Opel CEO says remaining factories safeJan. 10, 2013 12:16 CET  Opel has no plans for further factory closures at the moment, interim CEO Thomas Sedran said, adding that the weak European car market may shrink by 4 percent this year.... Read More »
Opel confirms German plant will close in 2016Dec. 10, 2012 12:18 CET  Opel confirmed it will close its Bochum plant in Germany in 2016 when the current version of the Zafira minivan is replaced, as the automaker does not expect Europe's auto market to recover soon... Read More »
Why Girsky sees hope for Opel 12:01 am U.S. ET | Nov. 5, 2012  Steve Girsky sees some hope for General Motors' European business. Last week, GM's interim head of Europe outlined the reasons GM can reach breakeven on the troubled continent by mid-decade... Read More »
FINAL ASSEMBLY New soccer fan Steve Girsky finds model for underdog Opel 12:01 am U.S. ET | Nov. 5, 2012  Steve Girsky is an avid New York Jets fan. But it didn't take him long to catch the European soccer bug -- and, in the process, find some inspiration for GM's ailing European brand.... Read More »
GM cuts 2,600 jobs in EuropeOct. 31, 2012 17:39 CET  General Motors will cut 2,600 jobs in Europe by the end of the year as part of a plan to reduce losses at its Opel/Vauxhall unit.... Read More »
Marchionne proposed pan-European combination of Fiat, Opel, PSA, sources sayOct. 30, 2012 17:04 CET  Fiat CEO Sergio Marchionne approached PSA and GM earlier this month about a pan-European combination that would leapfrog Volkswagen as the region's largest automaker, three people familiar with the matter said.... Read More »
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