Cars
German car magazine Auto Bild and weekly Der Spiegel reported Thursday that General Motors is once again considering the sale of its Opel and Vauxhall units. The reports were dismissed as pure speculation by the Detroit automaker as well as a German state with an Opel factory, which called the news “nonsenseâ€.
- Opel Denies Report That The Next Zafira Will Be Developed By Psa Peugeot-citroën
The more General Motors European division and PSA Peugeot-Citroën deepen their newly formed strategic partnership, the more rumors come out. Earlier today, Germany's Spiegel magazine and Frankfurter Allgemeine Zeitung business daily reported...
- Vw Reportedly Put A Price On The Table For Gm’s Opel After Hearing Rumors About Hyundai’s Interest
German monthly publication ‘Manager Magazin’ reported in its latest issue that the Volkswagen Group has a far deeper interest in Opel than originally thought. Citing unnamed sources close to the automaker, the financial magazine said that...
- Gm: Opel's New Owner To Be Chosen By End Of May
In a news conference in Detroit today, General Motors CEO Fritz Henderson told reporters that the company will single out a buyer for Opel and its British sister brand Vauxhall, before the end of May. "We are speaking with multiple bidders. We would like...
- Fiat Rumored To Be Interested In Buying A Majority Stake In Opel
Not long ago, the Fiat Group was partially in the arms of General Motors and in deep financial woes with many analysts then questioning the automaker's future. Now, the Italians have emerged as an automotive powerhouse that's not only fighting...
- Report: Abu Dhabi Royal Family Interested In Gm's Opel Unit
German newspaper Westdeutsche Allgemeine Zeitung as well as Reuters are reporting that Rainer Einenkel, head of the works council at General Motors' Opel plant in Bochum, Germany, confirmed talks between a high-ranking member of the Abu Dhabi royal...
Cars
GM Denies Reports Claiming Plans to Sell its Opel Brand Possibly to the Chinese or VW Group
German car magazine Auto Bild and weekly Der Spiegel reported Thursday that General Motors is once again considering the sale of its Opel and Vauxhall units. The reports were dismissed as pure speculation by the Detroit automaker as well as a German state with an Opel factory, which called the news “nonsenseâ€.
According to the news reports, GM allegedly was no longer in need of Opel’s know-how in manufacturing small cars as well as low emission and fuel efficient powerplants and that it could replace the German brand with its South Korean GM Chevrolet unit, formerly known as Daewoo.
- Opel Denies Report That The Next Zafira Will Be Developed By Psa Peugeot-citroën
The more General Motors European division and PSA Peugeot-Citroën deepen their newly formed strategic partnership, the more rumors come out. Earlier today, Germany's Spiegel magazine and Frankfurter Allgemeine Zeitung business daily reported...
- Vw Reportedly Put A Price On The Table For Gm’s Opel After Hearing Rumors About Hyundai’s Interest
German monthly publication ‘Manager Magazin’ reported in its latest issue that the Volkswagen Group has a far deeper interest in Opel than originally thought. Citing unnamed sources close to the automaker, the financial magazine said that...
- Gm: Opel's New Owner To Be Chosen By End Of May
In a news conference in Detroit today, General Motors CEO Fritz Henderson told reporters that the company will single out a buyer for Opel and its British sister brand Vauxhall, before the end of May. "We are speaking with multiple bidders. We would like...
- Fiat Rumored To Be Interested In Buying A Majority Stake In Opel
Not long ago, the Fiat Group was partially in the arms of General Motors and in deep financial woes with many analysts then questioning the automaker's future. Now, the Italians have emerged as an automotive powerhouse that's not only fighting...
- Report: Abu Dhabi Royal Family Interested In Gm's Opel Unit
German newspaper Westdeutsche Allgemeine Zeitung as well as Reuters are reporting that Rainer Einenkel, head of the works council at General Motors' Opel plant in Bochum, Germany, confirmed talks between a high-ranking member of the Abu Dhabi royal...