“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”

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

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

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

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

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

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

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

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