GM decision to keep Opel angers German government, unions
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Britain's Business Secretary Mandelson addresses business leaders in ...Source: Reuters -
General Motors said its board decided to keep Opel and won't sell the ...Source: AFP -
Opel's Vauxhall operations includes two plants employing 4,700 ...Source: AFP -
Einenkel of the Opel works council gives a statement to media at the ...Source: Reuters -
Vauxhall cars are seen outside the company's Ellesmere Port plant in ...Source: Reuters -
Workers arrive at the Opel assembly plant in AntwerpSource: Reuters -
Workers leave the Opel assembly plant in AntwerpSource: Reuters
Smith, GM's group vice president for corporate planning and alliances. But in Germany, the automaker's decision was seen as a blow to German Chancellor Angela Merkel, who had lobbied hard for the sale of Opel to Magna and its Russian partner Sberbank.
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READ MORE: Vauxhall Peter Mandelson, Germany, Opel, business secretary, General Motors Co., sell vauxhall, use carmaker, Magna, lord mandelson
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News Stories
- News Source: Sky News | about 1 month agoOur plans envisaged a headcount reduction of roughly 10,000 people." The announcement comes after GM's dramatic U-turn where it revealed it would not sell Vauxhall and Opel to Canadian car-parts firm Magna. Although the news was greeted with...
- News Source: Times Online | about 1 month agoGM said on Tuesday that it was cancelling its deal to sell Opel and Vauxhall to Magna, the Canadian car parts maker, and Sberbank, its Russian partner, following months of negotiations. Germany’s powerful workers’ union, IG Metall, said yesterday...
- News Source: Washington Post | about 1 month agoSmith, GM's group vice president for corporate planning and alliances. But in Germany, the automaker's decision was seen as a blow to German Chancellor Angela Merkel, who had lobbied hard for the sale of Opel to Magna and its Russian partner Sberbank.
- News Source: Asian Wall Street Journal | about 1 month agoThis copy is for your personal, non-commercial use only...General Motors Co. executives, rushing to update a restructuring plan for Opel and Vauxhall, are confident they can still win financial backing from Germany despite the rift created when the...
- News Source: Guardian Unlimited | about 1 month agoMandelson demands talks over Vauxhall's future as Germany seethes Business secretary calls for urgent talks with General Motors after US carmaker scraps plans to sell Vauxhall Peter Mandelson: 'keen for very early discussions with GM.' Photograph:...
- News Source: BBC | about 1 month agoThe US carmaker had agreed to sell European brands Opel and Vauxhall, but cancelled that plan on Tuesday. Unite chief Tony Woodley, a former Vauxhall worker, said it was a "fantastic decision". Business Secretary Lord Mandelson he was keen for "very...
Blogs
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- Blog Source: www.goodasis.comThe US carmaker had agreed to sell European brands Opel and Vauxhall, but cancelled that plan on Tuesday. Unite chief Tony Woodley, a former Vauxhall worker, said it was a “fantastic decision”. Business Secretary Lord Mandelson he was ...
- Blog Source: perspicacious.co.ukThe surprise decision to shelve the sale came even though Opel's unions yesterday reached an agreement with Magna for ¤265 million a year in cost cuts. Mr Henderson said that Magna will work with Europe's unions “to ... It seeks partners for its
- Blog Source: investorcentral.us... British sister brand Vauxhall to Magna International and Sberbank. But GM said in a statement Tuesday it would hold on to the European unit owing to “an improving business environment for GM over the past few months, and the importance of Opel/
- Blog Source: www.londonwired.co.ukGM had previously agreed to sell Opel and Vauxhall to the Canadian car parts company Magna. The surprise U-turn will anger many in Europe due to the months of negotiations and the €4.5 billion (£4 billion) in loans pledged by the German ...
- Blog Source: www.empirechronicles.co.ukBusiness Secretary Lord Mandelson will today seek private talks with the board of GM to discuss the future of about 5500 Vauxhall workers in Britain. Lord Mandelson is understood to be prepared to dangle loan guarantees of up to £400 ...
- Blog Source: copywritingx.comBusiness Secretary Lord Mandelson said earlier on Wednesday that he was keen for “very early discussions” with GM over how its plans affect the Vauxhall workers. 'Ugly face' Earlier GM's decision to hold onto Opel and Vauxhall was welcomed in the
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- Video Source: www.truveo.com
- Video Source: www.truveo.comNo guarantees over Vauxhall ...Video Source: www.truveo.comNo guarantees over Vauxhall Magna deal says...
- Video Source: www.truveo.comNo guarantees over Vauxhall ...Video Source: www.truveo.comNo guarantees over Vauxhall Magna deal says Lord Mandelson
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