News tagged with “vauxhall”. Found:
31 tagged news reports.
Your Search Returned 31 tagged news reports
General Motors promises 'fewer job cuts' at Vauxhall
Ellesmere Port :: United Kingdom | 6 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
Trustee resigns over Berlin’s role in GM sale
Frankfurt :: Germany | 15 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 | 16 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 U-turn on Opel stirs German fear and loathing
Berlin :: Germany | 19 days ago
Credibility German Economy Minister Rainer Br�derle slammed GM's about-turn as "totally unacceptable" and the powerful labour unions immediately announced nationwide protests for Thursday. Home to nearly half of GM 55,000 European employees, Germany had pressed hard...
Tags: Analyze GM, Magna International Inc., European, Angela Merkel, Vauxhall, General Motors Co., Russian, General Motors Corp., OAO Sberbank, United States
Clouds gather over delayed Opel deal
Magna :: UT :: USA | about 1 month ago
Credibility GM vice president John Smith said in a statement that the final signing of a 55-percent stake in Opel to the Canadian group Magna might be authorised at a GM board meeting on November 3. The long-awaited final decision had been expected this week, the...
Tags: GM's Board, Magna International, European arm Opel, Adam Opel GmbH, John Smith, General Motors Co., gm board, opel sale, Vauxhall, chief negotiator
Expert: Objections may doom Opel deal
Berlin :: Germany | about 1 month ago
Credibility Britain and Spain's objections to an international bid to buy General Motors' German Opel subsidiary may kill the deal, an analyst says. German auto industry expert Ferdinand Dudenhoeffer says London and Madrid's reservations about the offer from Magna,...
Tags: Magna International Inc., Opel, Spain, Vauxhall, Britain, GM Europe, Germany
Unite fears for future of jobs at Vauxhall
Magna :: UT :: USA | 2 months ago
Credibility As of right now, there are no long-term commitments for either Ellesmere Port or Luton. If we listen to what Magna has actually said, it has committed to nothing beyond 2013.” His comments came as Gordon Brown visited workers at the Ellesmere Port factory...
Tags: Ellesmere Port, Vauxhall, Magna
Magna confirms job cuts at Opel, Vauxhall
Magna :: UT :: USA | 2 months ago
Credibility A top Magna International Inc. executive said the purchase of Opel and Vauxhall would include reducing the workforce by about 10,500 workers. General Motors Co. agreed last week to sell 55 percent of its European operations to the Canadian auto parts...
Tags: Vauxhall, GM Europe, General Motors UK, European Commission, General Motors Co., Magna, Siegfried Wolf, Opel, chief executive, Britain
Freshly Minted Opel Deal Draws Critics
Berlin :: Germany | 2 months ago
Credibility German Chancellor Angela Merkel is having to defend the sale of the troubled carmaker Opel to a Canadian-Russian consortium, just days after hailing the deal. Criticism grew sharper over the weekend on the terms of the deal, which was announced on Thursday...
Tags: European Commission, GM Europe, Magna International, Russian Sberbank, Germany, General Motors Co., Siegfried Wolf, Britain, Vauxhall, Adam Opel GmbH, Berlin
GM says Magna, Sberbank to acquire Opel
General Motors Co. said Thursday that a consortium of Canada's Magna International Inc. and Russian lender Sberbank would acquire a majority stake in its European subsidiary Adam Opel GmbH. GM said it would keep a minority stake and continue to develop...
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