French carmaker Peugeot Citroen is in the process of buying German rival Opel, but fears over job losses in Germany mean Peugeot's boss has been asked for guarantees none will go.
Business Line hits the road this week; with the PSA-Opel merger announced and the Geneva motor show underway we consider the future of motoring.
The takeover by French carmaker PSA Peugeot Citroen of General Motors' Opel-Vauxhall is set to transform the European car market.
In a move that could shake up the global auto industry, France's PSA Peugeot Citroen is talking to General Motors about buying Opel/Vauxhall.
Volkswagen will take a 16.2 billion euro hit over its emissions-test cheating scandal as other German carmakers agreed to recall 630,000 vehicles to fix diesel engine technology.
“The heart of Opel has ceased to beat,” that was the reaction of one employee as the last car rolled off the production line at the Bochum plant in
General Motors’ Opel division in Russia is slashing production and shedding around 500 jobs. The US carmaker blames a plunge in local demand due
Opel’s production plant at Bochum in Germany is set to stop production in three years’ time. The loss-making German arm of General Motors will end
Peugeot and General Motors have put the brakes on talks due to the French car makers financial problems and government-backed bailout, according to
Peugeot, Opel, Ford … successive closures in Europe mean the car sector is struggling. In an action plan presented today, the European Commission
Dump Opel and Vauxhall – that was the blunt message to General Motors from analysts at Morgan Stanley. They point out that GM’s decision not to
The CEO of General Motors’ European business has stepped down. Karl Friedrich Stracke, who was head of the loss making Opel, is moving aside despite
Anxious workers at Opel’s Bochum factory, one of four the General Motors-owned subsidiary has in Germany, are worried the axe is about to fall on
General Motors is to build the next generation of its Astra compact car in Britain creating 700 new jobs. The decision came after workers at its
The uncertainty continues for thousands of workers at Opel and Vauxhall. US parent company General Motors — fed up with years of steep losses — is
General Motors’ European division is reportedly planning to close two plants to cut manufacturing capacity by almost a third. Union sources said
There was mixed profit news from General Motors as the US carmaker made far more money in its home market than industry watchers had
The legendary German playboy and former husband of French actress Brigitte Bardot, has killed himself. 78 year-old Gunter Sachs is reported to have
Opel’s car assembly plant in Antwerp, Belgium, is to close at the end of the year. Parent company General Motors said it had been unable to find an
General Motors has tripled the mount of money it will put into the restructuring of its European arm Opel and Vauxhall and reduced the amount of
Belgium and Germany remain in suspense over a pending assessment by the new European Commission of a General Motors restructuring plan for its Opel
General Motors European division Opel and Vauxhall has asked the German federal and state governments for 1.5 billion euros in state aid. That will
A painful restructuring plan has been confirmed by Opel, the European division of General Motors. The company says it will go ahead and cut 8,300
Opel workers union representatives converging on a threatened factory in Belgium are demanding European unity. They reject General Motors’ Europe’s
On the 6th of July 2009 a US judge announced a bankruptcy plan for the car giant General Motors. GM filed for protection on June 1 and in agreeing
Union representatives from across Europe have travelled to the doomed Opel plant in Belgium in a show of solidarity with workers there. The Antwerp
A group of workers from the Opel factory in Antwerp, which parent company General Motors is closing this year, have disrupted the Brussels motor
Opel workers in the Belgian city of Antwerp have downed tools and blockaded the car plant in response to the GM announcement that the factory is to
American car maker General Motors has announced that its Opel plant in Antwerp, Belgium is to close in June this year. Some 2,600 jobs will go at
Beleaguered car maker Opel has confirmed it intends to close its assembly plant in the Belgian port city of Antwerp. It is a devastating blow but