Miraculous unity

Written guarantees demanded the Opel works council in the deal between GM and PSA – and threatened with strikes. Now, the executive and employee side of the German car company agree. There is hardly anything achieved. picture alliance / dpa Employee at Opel Thursday, 06.04.2017 17:21 clock Two weeks ago, it seemed to be high… Continue reading Miraculous unity

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

Tavares sets Opel employees gallows period

Opel has three years, but then the German car maker must purr PSA according to his French buyer. The workforce in Rüsselsheim puts this under enormous pressure. PSA boss Carlos Tavares Monday, 06.03.2017 15:17 clock PSA boss Carlos Tavares takes only a few minutes to outline the public to sketch his coupuntil he hands the… Continue reading Tavares sets Opel employees gallows period

Sale of Opel possible from the end of July

Peugeot wants to swallow the crippling car manufacturer Opel – possibly in just a few weeks. Opel confirmed the 31st of July as the earliest possible date. Also patents are apparently in agreement. An Opel at the Peugeot dealer (archive) Thursday, 08.06.2017 20:09 clock The French PSA group could be the automaker Opel already take… Continue reading Sale of Opel possible from the end of July

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 demands half of the Opel purchase price – at least

PSA boss Tavares feels ripped off by General Motors. Because of the dirty Opel engines, the carmaker was worth much less. Now the French want more than half a billion back. Jürgen Pander Opel stand at the IAA: Here is the new Grandland X Wednesday, 29.11.2017 18:10 clock Four months after the purchase of Opel… Continue reading PSA boss demands half of the Opel purchase price – at least

Opel disappointed electric car customers

With the Ampera E, Opel has built one of the most advanced electric vehicles. The problem: In Germany, private customers can not buy the car for now. Monday, 15.05.2017 12:47 clock With the Ampera E Opel has outperformed manufacturers such as Mercedes, Audi or VW: The Rüsselsheim presented a few months ago, an electric production… Continue reading Opel disappointed electric car customers

PSA expects before assumption with further losses

The purchase of Opel by Peugeot is a done deal. But there is no way around a hard renovation. Because the future Opel mother PSA expects this year with red numbers. PSA boss Carlos Tavares Wednesday, 10.05.2017 12:55 clock The future Opel owner PSA sets itself this year on red numbers at the Rüsselsheim carmaker.… Continue reading PSA expects before assumption with further losses

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