10 Sep 2009, 09:41 UTC · By: Bogdan Popa / In case General Motors finally decides to keep Opel and save the company by itself, Germany would have to support the company by providing a financial loan package, obviously supposed to preserve jo...
10 Sep 2009, 08:55 UTC · By: Bogdan Popa / The US former bankrupt automaker General Motors will cut around 1,000 jobs after some of the company's workers will take buyouts and early retirements offers through a programme started by the ...
9 Sep 2009, 10:27 UTC · By: Bogdan Popa / Germany is still awaiting General Motors' final word on Opel but with reports claiming a decision on the brand won't come sooner than October, officials in the country are getting worried....
9 Sep 2009, 09:34 UTC · By: Bogdan Popa / In case General Motors wants to retain Opel, the former US bankrupt automaker would need around $6.1 billion to restructure the German unit, a report issued by financial advisory firm KPMG sent to t...
9 Sep 2009, 07:53 UTC · By: Bogdan Popa / General Motors and its Chinese division Shanghai GM today signed an agreement to purchase cars, vehicle kits, machinery and equipment manufactured by the parent company in the United States. GM said...
8 Sep 2009, 15:28 UTC · By: Bogdan Popa / General Motors plans to delay the Opel decision until October, a German newspaper reported today citing sources close to the matter. This means that the new Opel owner will be announced after the Ge...
8 Sep 2009, 07:48 UTC · By: Bogdan Popa / Even if General Motors hasn't announced a deadline for making a decision on the future of Opel, German Economy Minister Karl-Theodor zu Guttenberg said yesterday that the American manufacturer ...
3 Sep 2009, 10:13 UTC · By: Bogdan Popa / Even if it's still reticent over the future of Opel, General Motors is seeking for a 1 billion euros funding package from the governments of Spain, the UK and Poland. Furthermore, in case it wo...
2 Sep 2009, 08:07 UTC · By: Alina Dumitrache / The eBay Motors and General Motors partnership that started three weeks ago turned out to be a successful strategy for the US automaker, as the Americans showed quite a high interest for GM's n...
31 Aug 2009, 13:05 UTC · By: Bogdan Popa / General Motors has announced one more measure that will help the company adopt the "new culture". It will combine around 3,000 dealerships that sold Buick, Pontiac or GMC cars to create ap...
31 Aug 2009, 09:55 UTC · By: Bogdan Popa / Two weeks ago, General Motors delayed a decision on choosing an Opel bidder but hasn't provided more details on the matter. Well, it appears that the American manufacturer actually has a very g...
28 Aug 2009, 13:57 UTC · By: Bogdan Popa / Even if the German government is pressuring General Motors to make a decision on Opel, it appears the American manufacturer is still discussing with Magna and RHJ, but the topics of the talks are st...
28 Aug 2009, 08:44 UTC · By: Bogdan Popa / According to the latest development of negotiations, the battle for Opel is now down to three companies: Magna, RHJ and General Motors, the current owner of the German brand who's willing to ke...
27 Aug 2009, 09:29 UTC · By: Bogdan Popa / Negotiations on the new owner for Opel continue, but Germany is still putting pressure on US officials who are insistently asked to step in and help General Motors pick the preferred bidder. General...
26 Aug 2009, 12:33 UTC · By: Bogdan Popa / While General Motors says it is considering keeping Opel and cancel a potential sale to Magna or RHJ, the German government is willing to accept the offer submitted by the Belgium consortium RHJ. It...
25 Aug 2009, 08:14 UTC · By: Bogdan Popa / Even if German Chancellor Angela Merkel said she would personally intervene to support Magna in the negotiations with General Motors, US President Barack Obama says he won't get involved in the...
21 Aug 2009, 13:49 UTC · By: Bogdan Popa / GM's flagship product Chevrolet Volt might be also produced in Australia by Holden to be sold as a rebadged model on the local market. The news was revealed by a company who stated that such a ...
21 Aug 2009, 09:39 UTC · By: Bogdan Popa / Although we're not sure this is the long-awaited end of the Opel selling process, reports are indicating that General Motors will meet with Magna International and its Russian partner Sberbank ...
20 Aug 2009, 14:04 UTC · By: Bogdan Popa / The partnership General Motors signed with online bidding website eBay appears to be working as the former bankrupt US automaker is seeing an important sales boost in the domestic market through the...
20 Aug 2009, 07:44 UTC · By: Bogdan Popa / In the early days of August, General Motors rolled out the red carpet for its 2010 Buick Crossover that created quite a big fuzz among GM's officials. Today, the company is getting ready for th...