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If France’s PSA Takes Over Opel-Vauxhall, Impact “Seismic”

If France’s PSA Takes Over Opel-Vauxhall, Impact “Seismic”. “A successful integration is reliant on deep restructuring and industrial synergies” France’s PSA Group is said to be close to buying General Motors Opel-Vauxhall subsidiary, a move that would send tremors through the European industry and pressurize market leader Volkswagen. PSA has reportedly scheduled a press conference […]

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Astra

GM Europe’s Opel-Vauxhall Unveils Crucial Astra

GM Europe’s Opel-Vauxhall Unveils Crucial Astra. Needs To Succeed To Achieve Profit Target. General Motors Europe’s Opel-Vauxhall published the first pictures of its important Astra sedan, which competes in the most competitive European sector led by Volkswagen’s Golf and the Ford Focus. The Astra needs to succeed if Opel-Vauxhall is to return to profit as […]

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GM Europe Could Lose $600 Million In 2011, $1 Billion In 2012

Banker Says Situation Unsustainable; Sees Losses Through 2016 Possibilities Include Reopening Union Contract, “Contained Bankruptcy” But Others Point To Action Already Taken, Urge It To Hang In There “GM would be better off with a profitable three per cent share of Europe than a loss making eight per cent” GM’s attempt to fix its loss-making […]

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