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Tag Archives: opel
Karl-Friedrich Stracke Confirmed as Opel Vauxhall CEO
Last year the German government – facing a taxpayer revolt and big deficits that foreshadowed the current budget turmoil in the United States – refused to provide €1.1 billion in subsidies that GM wanted for Opel, saying the company had enough cash to keep Opel running. Continue reading
Posted in auto news
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, daewoo, gm europe, karl-friedrich stracke, Ken Zino, nick reilly, opel, opel ampera, opel vauxhaul, zino
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Opel Shuts German, Spanish plants for Japanese Parts Shortage; Management Shifts as Stracke Returns as Opel CEO
There is a certain amount of friction between Opel and Chevrolet factions inside GM as both brands compete for the same customers, and Chevrolet increasingly turns to GM’s Korean subsidiary Daewoo as a source for small cars that Opel once designed exclusively. Opel’s future is clearly as a regional European brand in a market where it is struggling. Continue reading
