Opel Cars

Saab could be near end of road as sale plan fails

Alexandra Frean and Elizabeth Judge The future of Saab was in doubt last night after General Motors (GM), its American parent, said that a deal to sell the troubled Swedish carmaker had fallen through. GM confirmed that the...

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Buick Excelle for China Revealed - Based on Opel Astra

Those less informed about the current state of the automotive business may end up doing a double take when they find out that Buick is a top-selling premium brand in China. Shanghai GM, General Motors' China arm, has debuted...

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Opel: The Bridge Is Gone

GM is no longer in hock with Germany. They paid back all of the €1.5b bridge loan Opel had received from Berlin to keep it afloat until it was taken over by Magna and Sberbank. As we all know, this didn’t happen. Berlin wanted...

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GM's Quest for State Aid: Is Germany Reeling in the Opel Life Ring?

General Motors is trying to convince EU countries to foot the bill for restructuring costs related to its operations in Europe. But Germany, once eager to do whatever necessary to save Opel, has become reluctant to help out.

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Lord Mandelson attracted by Fiat partnership with Opel

Lord Mandelson has admitted there was "some appeal" to a tie-up between Fiat and Vauxhall/Opel as Europe faces a battle to remain competitive in the global car industry. Speaking at the Society of Motor Manufacturers and...

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GM warned against state 'subsidy race'

Brussels has warned General Motors that it would not tolerate a “subsidy race” between European Union member states competing to offer the American carmaker generous state aid in return for keeping open its factories in their...

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Rift Over Opel Aid to Drive EU Talks

Regulators Join Germany in Opposing Subsidies to GM Unit Considered by Spain, Belgium, U.K. and Poland By VANESSA FUHRMANS General Motors Co.'s effort to secure financial assistance for its struggling Adam Opel GmbH unit has...

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Will house prices get richer? IMF fears banks to ‘party' on

Plus, Canadian shoppers still spending. And, Nortel breakup continues Stories Report on Business is following today : Are house prices too rich? The real estate industry, of course, is one of the star sectors in Canada's...

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EU ministers to hold peace talks over GM 'subsidies war'

Brussels- Officials from the five European countries with Opel and Vauxhall factories were to meet in Brussels on Monday to try to avert a fratricidal subsidies war amid the threat of huge job cuts. The meeting was arranged...

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Germany presses GM on Opel plans

BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble pressed General Motors on Sunday to shed light on its plans for Opel and said the U.S. group had a responsibility for workers at its European unit. A GM executive...

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