News results for "opel karl"

Opel Might Become an EV-Only Brand if PSA Sale Falls Through

Posted By GMbeat on Articles - Months before GM entered talks with PSA Group about selling Opel, the European marque’s CEO Karl-Thomas Neumann was working on a plan to turn the company into an electric car brand, according to a report from German publication Manager Magazin. Neumann was working on his EV strategy when GM began discussing a potential sale of Opel and Vauxhall to French automaker PSA Group.

Opel CEO Working On Plan For Electric-Only Brand As GM And PSA Explore Deal

Posted By GMbeat on Articles - Converting over to an electric car only brand is an option being explored by Opel’s chief executive as the European automaker braces for General Motor’s possible sale of Opel to PSA Group. Opel CEO Karl-Thomas Neumann has been putting a plan together to go this route if necessary, reported German monthly Manager Magazin.

Opel CEO mulls making the automaker into a pure electric brand, report says

Posted By GMbeat on Articles - Opel CEO Karl-Thomas Neumann has been working on a strategy to turn the automaker into an electric car only brand in parallel to parent GM discussing a potential sale of the division to PSA, a German business magazine reported, citing company...

GM's talks to sell Opel are a blow to a strong management team

Posted By GMbeat on Articles - GM's confirmation that it is discussing selling its Opel/Vauxhall business to PSA Group is a blow for Opel CEO Karl-Thomas Neumann and the best management team the unit has had in years.

Vauxhall GT still on the cards

Posted By GMbeat on Articles - Vauxhall-Opel continues to plan the production of the rear-wheel-drive GT concept, unveiled at the Geneva motor show in March, and believes it has two more years to make a decision before the design loses its appeal. Vauxhall-Opel chairman Karl-Thomas Neumann said: “It’s a car we all love and the public love, so we really want to build it.

Opel CEO says it will be difficult to break even in 2016

Posted By GMbeat on Articles - General Motors' European division Opel is struggling to reach profitability this year because of the effects of Britain's decision to leave the European Union, CEO Karl-Thomas Neumann said.

Sporty new Vauxhall GT Concept could appear by 2019

Posted By GMbeat on Articles - Vauxhall (and Opel) could be on track to launch a new sports car in the near future, according to boss Karl-Thomas Neumann. Speaking at the 2016 Paris Motor Show, Neumann said that the GT concept was an appealing idea as a production car: “We really want to build this. It’s a question of approach: we are studying different roads we could walk along. We have to spend our money wisely on the things that we need to drive the business. We would love to do it and it would help the brand a lot.”

Vauxhall's flagship SUV to be built alongside new Insignia

Posted By GMbeat on Articles - Vauxhall is planning a new large SUV that will sit at the top of its range, and will be based on the same platform as the new Insignia saloon. The Ford Edge-rivalling Vauxhall Insignia-based SUV will go on sale in 2018 to replace the old Antara. Both will be built at Opel's factory in Russelsheim, according to Opel CEO Karl-Thomas Neumann.