News results for "opel"

Opel/Vauxhall CEO stands down ahead of vital PSA negotiations

Posted By GMbeat on Articles

https://www.autocar.co.uk - Opel/Vauxhall CEO Karl-Thomas Neumann has stood down from his role in the run up to negotiations with the brand’s new buyer, the PSA Group. Opel said that Neumann, who is being replaced by former Opel/Vauxhall chief financial officer Michael Lohscheller, departs in order to streamline the negotiation processes with PSA to “ensure continuity for the business and its stakeholders”.

Opel CEO Neumann resigns; will be replaced by finance chief Lohscheller

Posted By GMbeat on Articles

http://www.autonews.com - The CEO of General Motors' European Opel division, Karl-Thomas Neumann, has resigned in advance of Opel's sale to France's PSA Group. Finance chief Michael Lohscheller will be Neumann's successor.

Opel CEO Neumann quits; in line to lead Audi? (with video)

Posted By GMbeat on Articles

http://www.autonews.com - Opel CEO Neumann resigns; in line to lead Audi?; Porsche Cayenne emissions probe; JLR investing in Lyft; GM slows rental-fleet sales; Ford UK mobility hub; Cadillac's risky ad move.

VW may rehire Opel CEO Neumann to run Audi, report says

Posted By GMbeat on Articles

http://europe.autonews.com - VW Group is looking at rehiring Opel CEO Karl-Thomas Neumann, possibly to lead its Audi brand, a source told Reuters. Neumann is said to be planning to quit Opel afer GM sells the automaker to PSA.

Opel CEO Neumann will resign after sale to PSA, report says

Posted By GMbeat on Articles

http://europe.autonews.com - Opel CEO Karl-Thomas Neumann plans to resign as GM prepares to sell its European business to PSA, a German newspaper reported. Neumann, who joined GM in 2013, will inform the Opel board of his decision later this month, the paper said.