News tagged with “gm europe”. Found:
59 tagged news reports.
Your Search Returned 59 tagged news reports
GM warned against state 'subsidy race'
Brussels :: Belgium | 1 day ago
Credibility
In a strongly worded statement, Günter Verheugen, the European Commission’s Vice-President and Commissioner for Enterprise and Industry, Neelie Kroes, the Competition Commissioner, and Vladimir Spidla, the Employment Commissioner, said that pitting member...
Tags: GM's Adam Opel GmbH, Brussels GM, GM Europe, General Motors Co., General Motors Europe, European Union, European Commission, International Operations Nick Reilly, financial aid, billion euro, Belgium, Brussels, Opel, Vauxhall Motors, Business Finance, Car manufacturers, Magna International, General Motors, Sberbank, Automotive industry, Angela Merkel, Politics, Gￃﾼnter Verheugen, Automotive industry crisis of 2008￢ﾀﾓ2009, General Motors Chapter 11 reorganization, Euro, Zￃﾼrich, Neelie Kroes, Opel Performance Center, Environment
GM to present Opel restructuring plan in Dec
Zaragoza :: Spain | 4 days ago
Credibility U.S. carmaker General Motors will present a new viability plan for Opel in mid-December as it aims to reduce capacity across Europe by about 20 percent, a top executive said on Thursday. GM this month reversed a decision to sell a majority stake in Opel...
Tags: GM Europe, Spain, Zaragoza, Opel, Chevrolet Volt, Effects of the 2008-2009 automotive industry crisis on the United States, Business Finance, Car manufacturers, Magna International, General Motors, General Motors Europe, Figueruelas
General Motors promises 'fewer job cuts' at Vauxhall
Ellesmere Port :: United Kingdom | 7 days ago
Credibility Christopher Furlong/Getty Images General Motors ' new plan for Vauxhall is likely to result in significantly fewer job losses than the aborted takeover by the Magna consortium, the US car group's European boss has promised. Meanwhile, Lord Mandelson...
Tags: GM Europe, Vauxhall, United Kingdom, Ellesmere Port, Opel, Hatchbacks, Vauxhall Motors, Sedans, General Motors Europe, Car manufacturers, Magna International, General Motors, Business Finance, Automotive industry, Peter Mandelson
Business big shot of the week: Nick Reilly
Cambridge :: United Kingdom | 10 days ago
Credibility Troubled bosses at the headquarters of General Motors in America are aware that Mr Reilly probably knows the business better than anyone. A GM veteran of 34 years, he spent 15 years in various posts at Vauxhall in the 1980s and 1990s, ending as chairman...
Tags: GM Europe, Mr Reilly, United Kingdom, Cambridge, Opel, Frederick Henderson, Automotive industry, Vauxhall Motors, Business Finance, Car manufacturers, Magna International, General Motors
Trustee resigns over Berlin’s role in GM sale
Frankfurt :: Germany | 16 days ago
Credibility GM had agreed to sell the business to Magna, the Canadian car parts group, lubricated by €4.5bn (£4bn) of public money. But when the German government was forced admit that the funds were available to any potential buyer, GM decided to do the necessary...
Tags: GM Europe, General Motors Co, Vauxhall, Fritz Henderson, Magna
Germans against offering aid to GM-owned Opel
Frankfurt :: Germany | 17 days ago
Credibility If General Motors asks the German government to offer loan guarantees to finance its planned �3 billion overhaul of the iconic carmaker, 66 percent of respondents to the poll, sponsored by the Bild am Sonntag newspaper, said they were against such aid.
Tags: GM Europe, Carl-Peter Forster, General Motors, Germany, Vauxhall
GM Europe chief poised to quit
Frankfurt :: Germany | 18 days ago
Credibility We have to make sure that there will be no leadership vacuum in the current critical situation,” one GM Europe insider said. They said it had yet to be decided who would lead Opel after GM’s restructuring plan will be finalised...Fritz Henderson, GM’s...
Tags: GM Europe, GM EU, Carl-Peter Forster, General Motors Europe, Mr Forster, General Motors Co., european operations, europe chief, chief executive, U.S
GM board opts to keep Opel: sources
Magna :: UT :: USA | 21 days ago
Credibility The board of General Motors Co has opted to keep Opel, sources briefed on the deliberations said on Tuesday, undoing months of painstaking negotiations to sell the European unit to a Russian-backed group led by Canada's Magna. GM's 13-member board was...
Tags: Vauxhall European, GM Europe, European Opel, Magna International Inc., European Union, General Motors Europe, Keep Opel, General Motors Co., gm board, sell opel
Germany says Opel aid is unconditional
Berlin :: Germany | about 1 month ago
Credibility EDT Last updated on Monday, Oct. 19, 2009 6:54AM EDT G ermany has assured GM and the Opel Trust that its €4.5-billion ($6.70-billion U.S.) offer in financial aid for Opel is not tied to the choice of an investor or a plan, a European Commission spokesman...
Tags: Germany, Opel Trust, GM Europe, EU Competition, GME, Magna International Inc., European Union, General Motors Co., bidding process, General Motors Corp.
Unite and Magna agree rescue deal for UK's Vauxhall plants
London :: United Kingdom | about 1 month ago
Credibility Unite and Magna agree rescue deal for UK's two Vauxhall plants • Union says deal will avoid compulsory redundancies • Government warns agreement is 'not a done deal' Astra cars being assembled at the General Motors's owned Vauxhall plant in Ellesmere...
Tags: Vauxhall/Opel, Magna, General Motors, Britain, GM Europe, pay freeze, Canadian-Russian, vauxhall plant, Luton, Ellesmere Port
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