The Opel owner Peugeot wants to cancel the Eisenach site, apparently half of the jobs. The Chancellor now promises help to the staff – and reminds the French of their promise to take over. Merkel in Bad Schmiedeberg Wednesday, 18.04.2018 17:55 clock After reports of cuts at Opel’s Eisenach site, German Chancellor Angela Merkel has… Continue reading Merkel agrees with Opel employees
Tag: GM
Opel CEO says German costs twice those of other plants -source
HAMBURG (Reuters) – Some of Opel’s German plants cost twice as much to run as new French owner PSA Group’s (PEUP.PA) other factories, Opel’s chief executive told employees as the company tries to hammer out an effiency deal with labor leaders in return for investments. Opel CEO Michael Lohscheller attends a news conference in Ruesselsheim,… Continue reading Opel CEO says German costs twice those of other plants -source
Groupe PSA: Creation of a Business Unit Dedicated to the Circular Economy in the Aftermarket Véronique Morel Appointed SVP of the new BU
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) consistently strives to ensure the sustainability of its products through various commercial repair channels that help to reduce the amount of waste generated. The Group’s brands have two parts offerings and a service offering drawing on the circular economy. The Circular Economy Aftermarket Business Unit is being created… Continue reading Groupe PSA: Creation of a Business Unit Dedicated to the Circular Economy in the Aftermarket Véronique Morel Appointed SVP of the new BU
Cadillac boss ousted as GM looks to speed brand revival
Buy Photo Johan de Nysschen, EVP and president, Global Cadillac, speaks at the Automotive News World Congress at the Marriott Renaissance Center in Detroit on Jan. 16, 2018. (Robin Buckson / The Detroit News) (Photo: Robin Buckson / The Detroit News)Buy Photo Cadillac President Johan de Nysschen’s abrupt ouster by General Motors Co.’s top brass,… Continue reading Cadillac boss ousted as GM looks to speed brand revival
GM Announces $16.5 Billion Revolving Credit Facility
General Motors Co. today announced the execution of an unsecured $16.5 billion revolving credit facility that amends and extends GM’s existing $14.5 billion revolving credit facility and establishes a new $2.0 billion 364-day facility.
Chevy and Shell team up for in-dash fuel payment
General Motors offer convenient pay feature at Shell gas station. (Photo: General Motors) General Motors Co.’s shop-and-drive Marketplace app is rolling out a new feature in Chevrolet vehicles, offering the first in-dash fuel payment function in a partnership with Shell gas stations. The new service is available in the Shell widget, which is already featured… Continue reading Chevy and Shell team up for in-dash fuel payment
Cadillac president Johan de Nysschen abruptly leaves GM
Buy Photo Johan de Nysschen, EVP and president, Global Cadillac, speaks at the Automotive News World Congress at the Marriott Renaissance Center in Detroit on Jan. 16, 2018. (Robin Buckson / The Detroit News) (Photo: Robin Buckson / The Detroit News)Buy Photo Cadillac President Johan de Nysschen, a longtime industry executive brought in to turn… Continue reading Cadillac president Johan de Nysschen abruptly leaves GM
Cadillac Chief Leaves GM, Citing `Philosophical Differences’
General Motors Co.’s Cadillac chief left the company in the midst of a $12 billion plan to turn around the brand, citing strategic differences with other managers. Johan de Nysschen exited immediately on Wednesday and was replaced by Steve Carlisle, who had been president of GM Canada since late 2014. De Nysschen, 58, joined the… Continue reading Cadillac Chief Leaves GM, Citing `Philosophical Differences’
UPDATE 1-GM abruptly replaces head of Cadillac brand
(Reuters) – General Motors Co (GM.N) said on Wednesday that it was replacing Johan de Nysschen as head of its Cadillac brand, ahead of the launch of a new sport utility vehicle central to GM’s hopes for luxury market growth. FILE PHOTO: Cadillac President Johan de Nysschen speaks during the presentation of the 2019 Cadillac… Continue reading UPDATE 1-GM abruptly replaces head of Cadillac brand
Opel is supposed to halve the workforce in Eisenach
No layoffs or plant closures, the new Opel owner PSA had promised. But now, according to a report, the number of employees at the Eisenach site could shrink considerably. New cars in front of the Opel plant Eisenach Wednesday, 18.04.2018 15:21 clock Opel allegedly plans a drastic reduction in staff at its Eisenach assembly plant.… Continue reading Opel is supposed to halve the workforce in Eisenach