GM Europe

The British motor industry enjoyed its best news in many months yesterday, when GM Europe's new chief executive, Nick Reilly, offered an assurance that there will be no closure or job losses at Vauxhall's Ellesmere Port plant in Merseyside,...

In this article: GM, Ellesmere Port, British motor industry, Saab, Opel, and Magna

...Motors Co. said Thursday it will not close its Vauxhall plant in Ellesmere Port, England, and doesn't expect job cuts there. GM Europe gave no details on the future of another Vauxhall plant in Luton, England, but said it expected to...

In this article: General Motors Co., Opel, Ellesmere Port, Renault, Luton, Nissan, and Germany

...itself. GM outlined the scale of job losses needed to get the struggling Germany-focused unit back on track and acting GM Europe head Nick Reilly said the turmoil unleashed by the failure of the Saab deal would not affect Opel.

In this article: Opel, Saab, General Motors, Magna International, Saab, Koenigsegg, Europe, and Germany

...but also a development center for Opel, Nick Reilly said after meeting with the governor of Hesse state, Roland Koch. The fact that GM Europe is relocating its headquarters from Zurich to Ruesselsheim is "an indication of how important...

In this article: GM, Opel, Germany, Europe, Sberbank, Magna International Inc., and Bochum

...work we have come to the painful and difficult conclusion that we are not going to be able to carry out the acquisition of Saab." GM Europe, Saab's bankrupt US parent, announced in mid-June that it had struck a deal to sell Saab to...

In this article: Saab, Christian von Koenigsegg, GM, European Investment Bank, UK, Sweden, Supply chain, and Koenigsegg

...by the daily Frankfurter Allgemeine Zeitung (FAZ), which claimed that GM wanted to maintain all its European plants. GM Europe said it had to reduce capacity but that there are "multiple ways of reducing structural cost," and...

In this article: GM, European Union, Angela Merkel, Opel, Frankfurt, Revenue, Sberbank, and Magna International Inc.