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

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

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

“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”

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

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

“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”

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

BMW announces record profit for 2016

In terms of sales and profits, BMW achieved record figures last year. However, the core business was weaker for the Group. BMW headquarters in Munich Thursday, 09.03.2017 13:35 clock BMW achieved a record profit last year. The bottom line was the car maker 6.9 billion euros, or eight percent more than last year. This was… Continue reading BMW announces record profit for 2016