The hard consequences of the Blitzfusion

The purchase of Opel by Peugeot seems decided thing. Trade unions and politicians are still trying to win the French concessions to the Joberhalt. But there is no way around a hard renovation. Opel boss Karl Thomas Neumann Tuesday, 21.02.2017 10:53 clock Little time? At the end of the text there is a summary. The… Continue reading The hard consequences of the Blitzfusion

Opel boss Neumann goes, Chief Financial Officer takes over

Opel boss Karl-Thomas Neumann resigns. Successor will, according to the company, the previous CFO Michael Lohscheller. The takeover by PSA-Peugeot-Citroën should not hinder this. imago / onemorepicture Opel manager Neumann Monday, 12.06.2017 16:42 clock New boss of Opel becomes the former Chief Financial Officer Michael Lohscheller. He succeeds Karl-Thomas Neumann, who resigned on Monday, as… Continue reading Opel boss Neumann goes, Chief Financial Officer takes over

Peugeot boss gives job guarantee for Opel

Peugeot boss Tavares has phoned Chancellor Merkel and talked about the planned Opel takeover. According to federal government, he gave an employment guarantee for the employees. But that does not last forever. Opel plant in Kaiserslautern Tuesday, 21.02.2017 16:19 clock Peugeot boss Carlos Tavares has assured Chancellor Merkel that the French accept the ongoing guarantees… Continue reading Peugeot boss gives job guarantee for Opel

“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”

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

EU authorizes Opel takeover by PSA

The European Commission has approved the acquisition of Opel by Peugeot. After a detailed examination, the authority claims to have no competition concerns, conditions will not exist. Peugeot Opel cars in front of a dealership Wednesday, 05.07.2017 5:32 pm The EU Commission has approved the takeover of the German car manufacturer Opel by the French… Continue reading EU authorizes Opel takeover by PSA

Opel is now part of the PSA Group

The sale of Opel to the French carmaker PSA is completed: Since Tuesday, the Rüsselsheim car maker is part of the PSA Group. The employees will have to adjust to a horse cure. Factory premises of Opel in Rüsselsheim Tuesday, 01.08.2017 09:23 clock The carmaker Opel is now part of the French PSA Group, The… Continue reading Opel is now part of the PSA Group

Peugeot supervisory board agrees Opel purchase

The purchase of Opel by PSA Peugeot Citroën is getting closer. Now apparently the control committee of the French car maker has cleared the way for the takeover. Getty Images Opel headquarters in Rüsselsheim Friday, 03.03.2017 18:41 clock The board of directors of the French car maker PSA Peugeot Citroën has cleared the way for… Continue reading Peugeot supervisory board agrees Opel purchase

“The situation is dramatic”

The PSA Group gives the new subsidiary Opel three years, then the Rüsselsheim must write black numbers. For the workforce this means: It will shrink – even without dismissals. PSA boss Carlos Tavares Opel boss Michael Lohscheller Thursday, 09.11.2017 19:38 clock Little time? At the end of the text there is a summary. The tension… Continue reading “The situation is dramatic”