Looks like this may be the last straw for Opel under GM’s ownership.
Effective immediately, Vice Chairman Stephen Girsky will be the new Chairman of the Supervisory Board for Adam Opel AG
Reilly will remain on board GM’s Executive Operations Committee until he retires.
This is a prime example of a chicken-or-the-egg scenario… but it’s important to remember that Toyota’s Prius is only getting its own variants after being on the market for nearly a decade.
It’s pretty safe to say that Opel’s current market share in Europe could be higher. And it has been higher.
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Almost a year ago, GM Authority was first to report that Opel is working on a coupe variant of the Insignia sedan. And less than a few days ago, Opel[…]
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General Motors has finally reached an agreement with Opel employees regarding a restructuring plan. A few “complex details” of the plan still have yet to be discussed, but according to[…]
In a move that’s sure to raise a few eyebrows among North American citizens, Opel/Vauxhall has announced that it will receive a €1.9 billion funding package from its parent company,[…]
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After being appointed President of GM Europe during GM’s December management shakeup, Nick Reilly will also take over as chief executive of Opel and sister brand Vauxhall. Reilly replaces Carl-Peter[…]
Spyker is staying true to its Latin motto (that’s written on all of its cars): “Nulla tenaci invia est via,” which translates to “for the tenacious no road is impassable.”[…]
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During a conference call last Saturday, Nick Reilly – the newly-appointed president of GM Europe – said that a new Mini car is a top priority for Opel / Vauxhall.[…]
GM and SAIC (Shanghai Automotive Industry Corporation Group) have formed a new joint venture in which each company holds an equal 50 percent stake. The new Hong Kong-based venture –[…]
Chairman and newly-appointed (interim) CEO Ed Whitacre is exercising his newly found authority with V-series-like speed, having just announced sweeping management changes at GM. According to the Wall Street Journal,[…]
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