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
Tag: M and A
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
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
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 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
Peugeot boss wants to talk with Merkel about Opel
The possible sale of Opel to Peugeot is met with skepticism by the German government and trade unions. Peugeot boss Tavares wants to advertise personally for the project. Mary Barra, boss of the former owner General Motors, has already traveled to Germany. PSA boss Carlos Tavares Wednesday, 15.02.2017 11:05 clock The Peugeot parent PSA is… Continue reading Peugeot boss wants to talk with Merkel about Opel
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
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
EU authorizes Opel takeover by PSA
The European Commission has approved the acquisition of Opel by Peugeot. After a detailed examination, the authority claims to have no competition concerns, conditions will not exist. Peugeot Opel cars in front of a dealership Wednesday, 05.07.2017 5:32 pm The EU Commission has approved the takeover of the German car manufacturer Opel by the French… Continue reading EU authorizes Opel takeover by PSA
So threatening are Opel and Peugeot for Volkswagen
After the Opel takeover, PSA will be Europe’s second-largest automaker. The group is a real threat to the market leader VW – especially in the future field of electromobility. TESSON / EPA / REX / Shutterstock Carlos Tavares Monday, 06.03.2017 20:40 PSA boss Carlos Tavares prefers to lead his company with clear goals. The avid… Continue reading So threatening are Opel and Peugeot for Volkswagen