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General Motors’ European department Opel is losing its top executive just as it plans to be acquired by France’s PSA Group, a move that could see the former Volkswagen manager
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The CEO General Motors’ European subsidiary Opel, Karl-Thomas Neumann, prepares to resign as GM prepares to sell the company to France’s PSA Group, Frankfurter Allgemeine Sonntagszeitung (FAS) reported on Saturday.
Acquisition of Opel, General Motors’ European arm, by France’s PSA Group would make good sense from a commercial perspective, the Bild am Sonntag paper reported, mentioning comments by Opel CEO
General Motors and PSA Group jointly surprised the market, media as well as Opel senior management when both automakers verified a possible acquisition of the Opel/Vauxhall brands by PSA remained
Opel has already revealed the 2018 Crossland X, and it will give more surprises at Berlin, Germany, for the crossover’s formal debut. The car will debut tomorrow, February 1, at
General Motors’ Opel is having a hard time to reach profitable success this year because of the impact of Britain’s choice to leave the European Union, President Karl-Thomas Neumann stated.
The electrical Opel Ampera-e should be among the stars of the Paris motor show, with its cool designing, its 500km one-charge range and, as per Opel, its characteristics which have
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