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Carl-Peter Forster Leaving Post at Opel Europe
Mon, 09 Nov 2009 00:08:03 +0000
DETROIT – Carl-Peter Forster, GM group vice president and president, Opel Europe, will be leaving his role as head of European operations and will advise the company during the transition to find a new CEO, it was announced today (November 06, 2009).
With the departure of Forster, GM will initiate an immediate external search for a [...]
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GM Europe head quits following Opel U-turn: source
Mon, 09 Nov 2009 00:07:09 +0000
General Motors Europe head Carl-Peter Forster is quitting in disgust at GM’s decision to hang on to its European unit Opel/Vauxhall, a well-informed source told AFP on Friday.
The source confirmed a report in the Spiegel magazine, saying: “I expect a withdrawal by Forster within a week.”
GM executive vice president David Reilly would replace Forster, as [...]
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VIDEO: New BMW M3 GTS Goes Slideways on the Race Track
Mon, 09 Nov 2009 00:06:14 +0000
“Born on the Racetrack to Live on the Streets” is BMW’s motto for its newly revealed M3 GTS, a stripped-out 450-horsepower version of the M3 Coupe that marks the M division’s return to its roots. Following the presentation of the first photos, details (click here to read our previous post) and a rather dull static [...]
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Opel chief quits after GM decides to keep European unit
Mon, 09 Nov 2009 00:06:02 +0000
General Motors said Friday it will seek a new chief for European operations with Carl-Peter Forster quitting following the automaker’s decision to hang on to its Opel/Vauxhall division.
Forster, GM group vice president and president at Opel Europe, “will be leaving his role as head of European operations and will advise the company during the transition” [...]
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Autodelta Premieres Alfa Romeo 159 J4 3.2 C with 352HP at MPH09 Show
Mon, 09 Nov 2009 00:05:39 +0000
Well known Alfa Romeo tuning specialist Autodelta used the MPH09 Prestige & Performance Car Show at Earls Court Exhibition Centre in London (November 5-8) to launch its latest model based on the 159 sedan. The Autodelta J4 3.2 C packs a bevy of upgrades including a supercharged V6 engine, chassis tweaks and a slightly more [...]
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Top Cash-for-Clunker trade-ins
Thu, 05 Nov 2009 15:37:17 +0000
The 20 most-common trade-ins nationwide processed through Oct. 16 under the government Cash-for-Clunker program, according to an analysis of new federal data by The Associated Press.
New car Replacing Number
old car
Ford F150 Ford F150 8,248
Ford Escape Ford Explorer 5,441
Chevrolet Silverado Ford F150 3,250
Ford Focus Ford Explorer 2,777
Chevrolet Silverado Chevrolet K1500 2,500
Honda CR-V Ford Explorer 2,345
Chevrolet Silverado [...]
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GM axes Opel sale, reclaims small-car jewel
Thu, 05 Nov 2009 15:37:15 +0000
General Motors has brought the sale of its European car division Opel/Vauxhall to a screeching halt, fuelling fear and anger in Germany on Wednesday as the US group reset its global auto strategy.
Some German auto analysts felt the decision was logical from an industrial viewpoint but politicians and unions were furious.
Economy Minister Rainer Bruederle slammed [...]
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General Motors axes Vauxhall sale
Thu, 05 Nov 2009 15:37:04 +0000
General Motors has brought the sale of its European car division Opel/Vauxhall to a screeching halt, fuelling fear and anger in Germany on Wednesday as the US group reset its global auto strategy.
Some German auto analysts felt the decision was logical from an industrial viewpoint but politicians and unions were furious.
Economy Minister Rainer Bruederle slammed [...]
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Spain ’surprised’ by GM move, ready to talk: minister
Thu, 05 Nov 2009 15:36:59 +0000
Spain voiced “surprise” on Wednesday at General Motors’ decision to scrap plans to sell its troubled unit Opel, and said it was ready to negotiate with the US manufacturer.
“We are surprised, and we are ready to have a dialogue with General Motors,” said Industry Minister Miguel Sebastian.
He said that a deal reached last month between [...]
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GM scraps plan to sell Vauxhall
Thu, 05 Nov 2009 15:36:57 +0000
The government said on Wednesday it would work closely with General Motors after the US automaker scrapped an on-again, off-again plan to sell its big European division, Opel, that had triggered a political and diplomatic controversy.
The surprise announcement by GM on Tuesday dealt a blow to German Chancellor Angela Merkel as she visited Washington after [...]
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German indignation over GM decision to keep Opel
Thu, 05 Nov 2009 15:36:54 +0000
Opel labor representatives called for work stoppages across Europe to protest General Motor Co.’s decision not to sell its European subsidiary, and Germany’s government vowed to recover euro1.5 billion ($2.2 billion) it loaned GM to finance the sale.
Klaus Franz, Adam Opel GmbH’s top employee representatives, said workers would walk out starting Thursday in brief, so-called [...]
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GM scraps plan to sell European unit Opel
Thu, 05 Nov 2009 15:36:48 +0000
The British government said Wednesday it would work closely with General Motors after the US automaker scrapped an on-again, off-again plan to sell its big European division, Opel, that had triggered a political and diplomatic controversy.
The surprise announcement by GM on Tuesday dealt a blow to German Chancellor Angela Merkel as she visited Washington after [...]
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2011 Dodge Charger Teased in Official Document?
Thu, 05 Nov 2009 15:35:22 +0000
While reading the Chrysler Group’s five-year product plan (see details here) on the Dodge brand’s future model line-up, we found these two photos that appear to be depicting the profile and the instrument panel of the new 2011 Charger rear-wheel drive sedan that will be launched onto the market sometime next year.
We don’t yet have…
[...]
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GM plans 10,000 job cuts at Opel
Thu, 05 Nov 2009 15:34:58 +0000
General Motors said Wednesday it wanted to cut around 10,000 jobs at its European division Opel a day after the US car maker stunned the auto sector by scrapping plans to sell the German-based unit.
GM wants to slash costs by 30 percent at Opel, which would mean the elimination of about 10,000 jobs from a [...]
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SpeedART to Unveil Porsche Panamera-Based PS9-650 at Essen Motor Show
Thu, 05 Nov 2009 15:34:12 +0000
The Essen Motor Show, which runs from November 28 to December 6 and is best described as Europe’s answer to SEMA, will see Porsche tuning shop, SpeedART, revealing its take on the Panamera. The PS9 package for the German sports saloon ups the ante with numerous aero add-ons and a bevy of performance upgrades.
The tuner [...]
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Automakers gird for "new normal"
Mon, 02 Nov 2009 14:47:25 +0000
PARIS/DETROIT (Reuters) – As automakers, parts suppliers and car retailers ready business plans for next year and beyond, the experience of the industry’s 2009 crash has made caution the new byword.
For perspective, consider that AutoNation
Chief Executive Mike Jackson now counts as an optimist in an auto industry still reeling from a collapse few [...]
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Volkswagen Passat CC & Scirocco Officially Launched In Malaysia
Mon, 02 Nov 2009 14:44:40 +0000
Volkswagen Malaysia has officially launched the Passat CC and the Scirocco in Malaysia. Available in showrooms now, Passat CC sells for RM 239,888, while Scirocco goes for RM 243,888, although you will have to wait till next week to find it in the showrooms.
The four-door coupe Passat CC is of course closely related to Passat, [...]
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