Opel
Automotive Company and Manufacturing Company
Germany takes brunt of Opel job cuts, Saab in limbo...turmoil surrounding Saab. Opel's top union boss, Klaus Franz, accused GM of sacrificing German jobs by shifting production of the Astra Caravan model to Britain's Ellesmere Port plant to secure UK state aid. He also urged GM to expand... In this article: Opel, Saab, GM, Saab, Koenigsegg, Germany, Magna International, and Britain |
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washingtonpost.com | 1 day ago
GM to present Opel plan to unions on Wed
GM to present Opel plan to unions on Wed DUESSELDORF, Germany -- General Motors Co. will present to unions on Wednesday its restructuring plan for the Opel unit, expected to include up to 9,500 job cuts, the carmaker's top official in Europe...
In this article: GM, Europe, Bochum, European country, Juergen Ruettgers, Angela Merkel, Germany, and Sberbank
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washingtonpost.com | 23 hours ago
Saab likely to close as GM fails to sell car brand
...board decided to phase out Saturn, a possible fate for Saab. But GM will keep and restructure Opel, which unlike Saab, is considered critical to GM's international operations. GM was worried that Opel technology would wind up in rivals'...
In this article: GM, Saab, Saab, Ford Motor Co., Sweden, GMC, and Cadillac
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Detroit News | 1 day ago
GM looks for Opel help in Europe
GM looks for Opel help in Europe Aid won't influence job, factory cuts, carmaker tells EU General Motors Co. is appealing to European governments to help finance a $5 billion restructuring for Adam Opel GmbH after deciding this month to...
In this article: GM, Magna International Inc., European Union, Germany, United States, Europe, and Gunter Verheugen
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washingtonpost.com | 4 hours ago
AP Source: GM not talking to any new Saab suitors
...decided to phase out Saturn, a possible fate for Saab. But GM will keep and restructure Opel, which unlike Saab, is considered critical to GM's international vehicle development. A deal for Chinese manufacturer Sichuan Tengzhong Heavy...
In this article: GM, Saab, Koenigsegg, Saab, GMC, Cadillac, Buick, Chevrolet, and Volvo Cars
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www.generalmotors.com.ph
::General Motors - Philippines
Mobility when you need it most. read more. New 7-seater Chevrolet Captiva. Big ... Copyright © 2007. All rights reserved. General Motors Automobiles Philippines ...
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www.gm.com
General Motors Corporation
The Official Site of General Motors. Your resource for everything GM, The #1 Selling Vehicle Manufacturer in the World for 76 Consecutive Years.
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www.gm.com
General Motors - GM Europe - Brands - Opel
The General Motors website is your resource for GM cars, trucks, vans and sport ... Opel Europe website. Sitemap. Privacy Statement © 2008 General Motors ...
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www.opel.de
Opel.de | Homepage
Die offizielle Website von Opel Deutschland. Hier finden Sie alle aktuellen Modelle, Preise & Zubehör. ... Saubere Technik von Opel für heute und morgen. ...
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en.wikipedia.org
General Motors Europe - Wikipedia, the free encyclopedia
General Motors Company. Subsidiaries. Opel, Vauxhall Motors, Saab, Chevrolet Europe ... General Motors Europe (often abbreviated to GM Europe) is responsible for the ...
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Description from Wikipedia:
Adam Opel GmbH, commonly known as Opel, is a German automaker. The company was founded on 21 January 1863, began making automobiles in 1899, and was acquired by General Motors in 1929. As part of GM Europe, Opel is GM's largest European brand and, along with Vauxhall Motors in the UK, it forms GM's core European business.
In early 2009, the future of Opel was thrown into uncertainty as the global financial crisis drove GM towards bankruptcy. New GM Europe (Opel plus Vauxhall, minus Saab), is presently controlled by a trustee, with a controlling board made up of representatives from GM, employees and the German Government; the company was subject to a bidding process.
On 10th September 2009, it was announced that Magna, a Canadian automobile parts manufacturer, and Sberbank, a Russian bank, will buy a majority stake (55%) in its European Opel/Vauxhall operations. GM will own 35% of Opel; while Opel employees will own 10%. The agreement will keep Opel/Vauxhall a fully integrated part of GM’s global product development organization, allowing all parties to benefit from the exchange of technology and engineering resources.
- Name:
- Adam Opel GmbH
- Type:
- GmbH
- Location:
- Rüsselsheim, Germany
- Region:
- Europe
- Founder:
- Adam Opel
- Founded:
- January 21, 1863
- Owned by:
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- General Motors (35%)
- Magna International (27.5%)
- Sberbank (27.5%)
- Opel Employees 10%
- Industry:
- Automotive
- Key People:
- Hans Demant, CEO
- Products:
- Automobile
- Revenue:
- €18.2 billion <small>(2009)
- No. of Employees:
- 25,103 (2009)
- Subsidiaries:
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