Gm Plans To Cut 10,000 Opel Jobs

General Motors confirms that it plans to cut 10,000 jobs across European car unit Opel, including Vauxhall.

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  • PSA outlines plan to de-GM-ify Opel
    currency risks and a never-ending series of restructuring plans. Tens of thousands of jobs were cut as one factory after another was shuttered to save costs. Even so, Opel and British sister brand Vauxhall bled red ink every year, amassing $19 billion in ...
    12/3/2017 - 5:14 pm | View Link
  • PSA seeks £705m refund from GM over Opel and Vauxhall emissions
    Manufacturing, purchasing and R&D are the key areas where costs can be cut. PSA has promised to honour existing job guarantees at Opel and Vauxhall ... like pension plans that needed clarifying under the new ownership. Tavares was said to have made ...
    11/30/2017 - 10:40 pm | View Link
  • Opel turnaround plan will seek to end years of losses under GM
    This would mimic Tavares' names for his first two restructuring plans ... Opel could potentially cost thousands of German and British jobs in the mid-term in a restructuring patterned on the Tavares' successful PSA turnaround. PSA has already said it will ...
    11/8/2017 - 1:40 am | View Link
  • PSA to cut Opel models, curb discounts
    BERLIN, Nov 6 (Reuters) - PSA Group plans to cut the number of models and rein in discounts at its Opel division, Frankfurter Allgemeine Zeitung reported on Monday, without citing the source of its information. The French carmaker is in the process of ...
    11/5/2017 - 11:00 am | View Link
  • Opel workers rep demands clear GM stance on selloff rumours
    The chief representative of employees at German carmaker Opel demanded Saturday a clear statement from ... those falling under GM’s overall plans to cut employment at its European units by some 8,000.
    06/11/2011 - 4:10 am | View Link
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  • GM To Reduce Leases In Second Half Of 2017 | GM Authority
    General Motors' captive finance arm will reduce its leasing business in the second half of 2017 in order to reduce exposure to future losses on residual ...
    12/9/2017 - 10:36 pm | View Website
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    12/7/2017 - 8:40 am | View Website
  • PSA seeks £705m refund from GM over Opel and Vauxhall ...
    The PSA Group is seeking back half of the money it paid to General Motors to purchase Opel and Vauxhall after discovering it was misled over Opel's emissions strategy ...
    12/1/2017 - 6:39 am | View Website
  • Opel announces turnaround and expansion plans | CarAdvice
    Opel has announced its turnaround plan as promised, 100 days after the PSA Group took ownership of the German and British automaker.At press conference overnight ...
    11/9/2017 - 3:26 pm | View Website
  • Peugeot speeds Opel technology shift to cut emissions ...
    Peugeot maker PSA Group vowed to move Opel models onto its own technology faster than initially planned to improve their emissions performance and secure promised ...
    11/9/2017 - 12:13 pm | View Website
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