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The strange logic behind an Opel sale

General Motors wants to sell its European subsidiary Opel to Peugeot. With such a deal, the corporations would provide a big surprise. What could be behind the deal? Opel headquarters in Rüsselsheim Tuesday, 14.02.2017 18:22 clock Little time? At the end of the text there is a summary. Well, they’re getting together. The negotiators of… Continue reading The strange logic behind an Opel sale

“The man who knows the costs”

Opel is in crisis – and should be sold to PSA. The former finance manager Michael Lohscheller should guide Opel as the new boss. What are his biggest challenges? Michael Lohscheller Monday, 12.06.2017 20:14 clock As man for the numbers came to finance boss Michael Lohscheller Opel, as new CEO, he will now continue. The… Continue reading “The man who knows the costs”

Peugeot pays 1.3 billion euros for Opel

Now there is clarity for the Opel employees: PSA Peugeot Citroën and General Motors have agreed on the sale of Opel. Now the car maker is facing a tough rehabilitation route. TESSON / EPA / REX / Shutterstock PSA boss Carlos Tavares Monday, 06.03.2017 13:44 clock The sale is sealed: The French carmaker PSA Peugeot… Continue reading Peugeot pays 1.3 billion euros for Opel

Rabenmutter

At Opel, it’s all about the whole thing: Just for the German GM daughter it was better again, because the Americans want to hit them again. How big is the damage this time? Wednesday, 15.02.2017 18:35 clock The tragedy of the automaker Opel shows up this week Friday in a small room. When it comes… Continue reading Rabenmutter

PSA boss Tavares wants to trim Opel on profits

In the middle of the talks about an Opel purchase, the French auto giant PSA is setting its margin targets high. CEO Tavares now wants to help the loss-making German manufacturer on its feet. The bar is high. PSA boss Carlos Tavares Thursday, 23.02.2017 10:04 The French carmaker PSA Peugeot Citroën is facing a possible… Continue reading PSA boss Tavares wants to trim Opel on profits

Opel presents restructuring plan – without notice

Three months after the takeover by the French PSA group Opel has presented a reorganization concept: The car maker wants to renounce terminations and plant closures. Opel factory premises in Rüsselsheim Thursday, 09.11.2017 10:28 At its restart, the automaker wants Opel get by without operational redundancies and plant closures. Wage costs are to be reduced… Continue reading Opel presents restructuring plan – without notice