Viknesh Vijayenthiran May 12, 2008 Comment Now! GM's plans to invest $14 billion in Opel by the end of 2012 were announced just last week, as well as their plans to introduce 20 new models for Opel in ...

Despite the impending sale of Opel and Vauxhall to France’s PSA Groupe, General Motors reaffirmed Buick will not be impacted by the shakeup, according to Car and Driver. The news follows Buick’s most ...

Late last month reports emerged that GM's sale of Opel to a consortium of buyers led by Magna International and Russia's Sberbank could be done as early within weeks. Since then, the deal hasn't quite ...

General Motors CEO Mary Barra told employees that the combination of GM’s Opel and Vauxhall with PSA would be beneficial for both companies. “While there can be no assurance of any agreement, any ...

German Chancellor Angela Merkel’s race to save automaker Opel — and the jobs of its 25,000 employees in Germany — is beginning to look like a high-speed pileup that could cost her at the polls. To get ...

Sale Denials Aside, GM’s Future Looks Brighter With One Less European Partner If GM can find a way to kick its German unit to the curb, it will do so in a heartbeat. First: Opel is a money loser. The ...

After failing to turn a profit for two decades under the ownership of General Motors, Opel has reported a healthy 2018 profit after being acquired by PSA Group. The German car brand and its UK sibling ...

DETROIT -- General Motors' board is weighing four options for its German-based Opel unit, including keeping the operation or letting it slide into bankruptcy protection, a person familiar with the ...

General Motors President and CEO Fritz Henderson confirmed today GM would be willing to sell a majority stake in its German-based Opel subsidiary, as GM sheds costs by selling or closing brands and ...

General Motors has already agreed to sell 55 percent of Opel to Canadian – Austrian partsmaker Magna International and the US-based company’s CEO expects to get the final signing by early October. In ...

The end of an era for General Motors’ once-sprawling global empire has come to a close: Opel and Vauxhall have officially been sold to France’s PSA Groupe. The deal was closed today, August 1, 2017, ...

GM spinning off its German arm in case of bankruptcy. May 27, 2009— -- Ailing General Motors and its German subsidiary Adam Opel GmbH are moving toward financial and legal separation, General ...