Opel keeps Bochum logistics center open to fulfill contract

May 22, 2013 06:01 CET
Opel will keep a spare-parts distribution center open until 2016 at its plant in Bochum, Germany, as long as two years after car production ends at the site. The plant, which makes the Zafira minivan, is scheduled to close by the end of 2014 after workers rejected a restructuring plan in March that would have extended manufacturing there for another two years.... Read More »

 

GM makes progress on Europe turnaround

May 3, 2013 10:40 CET
GM is making progress in restructuring its money-losing Opel/Vauxhall unit in Europe, but the automaker has a long way to go, analysts say. GM's first-quarter pretax loss in Europe narrowed while rival Ford's loss widened sharply.... Read More »

 

GM will invest 230 million euros to expand Opel test facilities

April 24, 2013 13:19 CET
General Motors will invest 230 million euros ($299 million) on test facilities for Opel as part of its effort to break even in Europe by 2015.... Read More »

 

Opel names new human resources boss

April 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 »

 

Opel to push growth in Russia, Akerson tells paper

April 15, 2013 10:07 CET
General Motors' Opel brand will push growth in Russia and Turkey to offset slumping European slumping business but steer clear of China, GM CEO Dan Akerson said.... Read More »

 

GM's Akerson meets Merkel as two sides bury past differences over Opel

April 11, 2013 18:04 CET
General Motors CEO Dan Akerson met with German Chancellor Angela Merkel to discuss the automaker's Opel unit as the two sides worked to move past a dispute over a failed effort to sell the division.... Read More »

 

GM will invest 4 billion euros in Opel through 2016

April 10, 2013 14:52 CET
General Motors said it will invest 4 billion euros ($5.2 billion) in Opel to support new model launches, renewing its commitment to its European division. Opel plans to introduce 23 new or refreshed models and 13 new powertrains by 2016.... Read More »

 

GM, Opel CEOs to meet Germany's Merkel

April 5, 2013 12:46 CET
BERLIN (Reuters) -- General Motors CEO Dan Akerson and the new head of GM's Opel unit, Karl-Thomas Neumann, will visit German Chancellor Angela Merkel next Thursday, along with members of the GM board, a government spokesman said on Friday.
Akerson and Neumann will visit Merkel in Berlin on Thursday at 3 p.m. CET for an hour, said government spokesman Georg Streiter, adding that the meeting coincided with a meeting of the GM board in Germany.... Read More »

 

RESTRUCTURING

GM's Girsky slashes at Opel's culture

March 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 »

 

Opel to freeze pay as Ford's Belgian workers agree on severance

March 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 »

 

Opel is 'in attack mode,' will survive, says CEO Neumann

March 15, 2013 06:01 CET
New Opel CEO Karl-Thomas Neumann says he can revive the beleaguered European brand and stem its persistent losses -- with plenty of help from parent company General Motors.... Read More »

 

BMW appoints ex-Audi sales chief Schwarzenbauer chief of Mini, Rolls

8:26 am U.S. ET | March 14, 2013
BMW Group has hired Peter Schwarzenbauer, the former Audi sales chief, to head its Mini and Rolls-Royce brands and named Harald Krueger as its new head of production. Krueger succeeds Frank-Peter Arndt, who is leaving the company due to health reasons.... Read More »

 

BMW names ex-Audi sales chief Schwarzenbauer boss of Mini, Rolls

March 14, 2013 14:26 CET
BMW Group has hired Peter Schwarzenbauer, the former Audi sales chief, to head its Mini and Rolls-Royce brands and named Harald Krueger as its new head of production. Krueger succeeds Frank-Peter Arndt, who is leaving the company due to health reasons.... Read More »

 

PSA, Renault woo younger drivers with new small SUVs

March 11, 2013 07:04 CET
French automakers aim to win customers in the growing small SUV/crossover segment with the Peugeot 2008 and Renault Captur. Peugeot says the first reaction to the 2008 has been positive.... Read More »

 

GENEVA AUTO SHOW

CEO: Opel's 'in attack mode,' will survive

12:01 am U.S. ET | March 11, 2013
New Opel CEO Karl-Thomas Neumann says he can revive the beleaguered European brand and stem its persistent losses -- with plenty of help from parent company General Motors.... Read More »

 

New Opel CEO Neumann readies turnaround plans

March 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 »

 

New Opel CEO Neumann stands behind rescue plan

March 4, 2013 06:01 CET
New Opel CEO Karl-Thomas Neumann is standing behind Opel's restructuring. Neumann has seen the Drive 2022 plan and wants to implement it without major changes, sources close to Opel said. Opel was the major contributor to parent General Motors' $1.8 billion operating loss in Europe last year.... Read More »

 

Check out the ANE monthly e-magazine

March 4, 2013 06:01 CET
The new issue of the Automotive News Europe monthly e-magazine is ready for you to view. Inside this issue we look at why new Opel CEO Karl-Thomas Neumann might be in a perfect position to succeed and why Bosch and PSA are so bullish on their new battery-free hybrid.... Read More »

 

FINAL ASSEMBLY

GM's new Opel chief Neumann is no yes man

12:01 am U.S. ET | Feb. 11, 2013
If General Motors was looking for a compliant new head of Opel, Karl-Thomas Neumann was probably the wrong choice, sources tell our German sibling publication, Automobilwoche.... Read More »

 

PAUL MCVEIGH

Is fixing Opel a Mission Impossible?

12:01 am U.S. ET | Feb. 4, 2013
Opel's new CEO, Karl-Thomas Neumann, is an auto industry veteran, but he hasn't remained in a top job long enough to judge whether he will be successful in turning around General Motors' unprofitable European operations. It's a monumental task Paul McVeigh is managing editor of Automotive News Europe.... Read More »

 

Opel names Neumann as new CEO

Jan. 31, 2013 14:30 CET
Opel named Karl-Thomas Neumann as its new CEO. Neumann, 51, a former head of Volkswagen China and the supplier Continental, will take up the post on March 1.... Read More »

 

PAUL McVEIGH

New Opel CEO Neumann may have a mission impossible

12:01 am U.S. ET | Jan. 31, 2013
Opel's new CEO Karl-Thomas Neumann is an auto industry veteran, but he hasn't remained in a top job long enough to judge whether he can turn around GM's European operations.... Read More »

 

PAUL MCVEIGH

New Opel CEO Neumann may have a mission impossible

12:01 am U.S. ET | Jan. 31, 2013
Opel's new CEO, Karl-Thomas Neumann, is an auto industry veteran but he hasn't remained in a top job long enough to judge whether he can turnaround around GM's European operations.... Read More »