SPD man Machnig to be Opel coordinator

The Federal Government is preparing for negotiations on a sale of Opel: According to correspondence media reports, SPD Secretary of State Matthias Machnig chief negotiator. State Secretary Machnig (2015) Thursday, 16.02.2017 12:51 clock Minister of economic Affairs Matthias Machnig (SPD) is to serve for the German Federal Government as a central point of contact for… Continue reading SPD man Machnig to be Opel coordinator

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

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

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

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