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Nick Reilly does not pull his punches. "We need a radical change in the way we look at ourselves," the chief executive of Opel/Vauxhall says of the world's developed economies. "We need to stop thinking that the world owes us a living." He is not
The Merseyside factory is expected to go to a third shift this year when production begins — months earlier than expected — of the new Vauxhall Astra estate. But the standing of the plant would be greatly enhanced it it does become the European
The British government says it's giving a 270 million pound ($410 million) loan guarantee to General Motors Co. to help keep its Vauxhall operations going in Britain. UK Business Secretary Peter Mandelson says the deal announced Friday follows "
The US automaker General Motors said Tuesday it would commit 1.9 billion euros (2.6 billion dollars) to restructuring its ailing European division Opel/Vauxhall, three times more than foreseen orginally. GM would thus provide more than half of the
Ailing carmaker Opel is considering launching an electric car for inner-city use to tap what it sees as a high-potential market, the firm's boss said in an interview Sunday. "We are thinking about a small electric vehicle," the chief of the General
The plant will operate 24 hours a day, going from two shifts, to three. "This has been planned for a long time, and will be in operation by the middle of the year," Opel spokesperson Ulrich Weber told the BBC. The move may help GM secure billions of
Sean Gallup/Getty Images) After months of negotiations, Spyker N.V., the Dutch car manufacturer, is given the green light to buy General Motors Co.’s Saab brand. The main driver that spurred the deal into completion was the approval of a $400 million
The US car giant is axing 154 administrative jobs on top of anticipated cuts at one of its manufacturing plants. But the figure of 369 job losses at its van-making factory in Luton is slightly higher than previously suggested by GM.
The investment forms part of a plan to break even within two years, it added. GM management also reiterated its plans to cut 8,300 jobs across Europe and to close a plant in Antwerp. The carmaker hopes its proposals will help convince European
Renault has shown the first pictures of its Wind coupe/convertible which it will launch at the Geneva Motor Show. The new car will be one of the smallest open-topped cars on the road and appears to be closest in concept to the now-discontinued