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GM to detail Opel turnaround plan next monthFollowing its cancelled sale of Opel to Canada’s Magna International, General Motors will present its turnaround plan for the ailing German car maker next month. Several European countries – including Germany and Spain – have requested GM to explain its plans for Opel going for... |
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Anger over GM’s Opel U-turnBoard’s decision came as a huge surprise and will be an affront for the German government, which has spent months trying to clinch a state-suppported deal with Magna and Sberbank ... |
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Germans Frustrated Over G.M. Decision to Keep OpelFeeling jilted after six months of negotiations, German officials reacted angrily Wednesday to General Motor's decision to keep its European business, Opel, rather than sell a majority stake to a consortium backed by Berlin. ... |
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US electric cars to be built at old GM gas guzzler plantWashington - A fledgling US electric car maker Tuesday said it is converting an abandoned General Motors plant in the north-east state of Delaware to build two lines of plug-in hybrid cars. Fisker Automotive, which has another production line in Cali... ... |
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Spanish Opel employees in deal with Magna - talks continue - SummaryZaragoza, Spain - Spanish employees of the struggling car maker Opel on Tuesday ratified an industrial plan agreed with the Canadian auto parts group Magna, which foresees cutting 900 jobs at the Opel factory near Zaragoza, trade union representative... ... |
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Honda Boosts Guidance as Stimulus Fuels SalesHonda, the world’s seventh-biggest car maker, nearly tripled its annual profit forecasts as second-quarter earnings fell less than forecast, thanks to government stimulus programs. ... |
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