PSA Raises Profits Again, But Restrained On Future Promises. “Long term guidance has been upgraded but it is disappointing again”If Acquired, Opel Would Be Used To Target Export Markets PSA Group, in the spotlight because of its audacious attempt to takeover GM Europe’s Opel-Vauxhall, was less adventurous with its own profit projections, said to be […]
Tag Archives | Opel
Hang On, Maybe GM Europe/PSA Merger Could Work?
Hang On, Maybe GM Europe/PSA Merger Could Work? Fiddling With Accountancy Rules Makes Opel-Vauxhall Look Good. Putting Lipstick On A Pig? “Perhaps GM wants to bow out now and avoid potential election trouble?” Investment banks couldn’t raise much initial enthusiasm for a merger between France’s PSA and GM’s Opel-Vauxhall, but some are having second thoughts. […]
Lukewarm Reaction To GM Europe PSA Merger Possibility
Lukewarm Reaction To GM Europe PSA Merger Possibility. “And why would GM want to get rid of it?” France’s PSA Peugeot-Citroen (PSA) is discussing taking over General Motor’s European operations, but analysts and academics can’t raise much enthusiasm for the deal. The two companies tried once before to merge, but that failed in 2014, not […]
GM’s Opel Unveils European Electric Bolt, The Ampera-e
GM’s Opel Unveils European Electric Bolt, The Ampera-e. “GM and Opel have always been convinced that electric cars will play a defining role in future mobility. The game-changing technology of the Ampera-e is a significant step towards realizing that vision” General Motors will launch a European version of its Chevrolet Bolt battery-only electric car next […]
New Astra Could Propel Opel-Vauxhall Towards Profit
New Astra Could Propel Opel-Vauxhall Towards Profit. “Its position versus main rivals like the Volkswagen Golf and Ford Focus will be much stronger than the old model” General Motors’ chronic loss-making European subsidiary Opel-Vauxhall could be on the brink of returning to profitability, and its new Astra family car could be the key. And not […]
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 […]
GM Withdraws Opel From Russia
GM Withdraws Opel From Russia. Most Other Manufacturers Hang On, Hoping For Fairer Weather. Cut your losses and take a big write-off, or hang on in there, take market share from those retreating, and hope to cash in when the market recovers? That’s the dilemma facing auto manufacturers in Russia. General Motors has decided to […]
Opel Vauxhall Goes Backwards, But Overall Trend Looks Good
Neumann Low-Cost Car Comment Raises Eyebrows. While Ford Europe at least made miniscule profits in the second quarter, General Motors’ European Opel and Vauxhall subsidiaries slipped into reverse. GM Europe lost $305 million in the second quarter, up from a loss of $114 million in the same period last year, with company officials blaming costs […]
Opel Redesigns Little Corsa, As Drive For Profits Cranks Up
“Corsa is the second most popular car in Europe after 32 years in the market and during that time, over 12 million have been sold, or an average of 370,000 cars each year” GM Europe’s Opel-Vauxhall has redesigned its Corsa small car using design cues from the highly successful Adam city car. The new Corsa […]
Good News For GM Europe’s Opel-Vauxhall At Last
General Motor’s Opel-Vauxhall subsidiary in Europe finally has some good news to report. Its market share in the first four months of 2013 improved for the first time in a long time. As overall sales in Western Europe slid 7.0 per cent from January through April to 3.9 million, Opel-Vauxhall’s only fell 5.9 per cent […]