News results for "opel"

Vauxhall pensions to be cut by French owner PSA

Posted By GMbeat on Articles - Vauxhall workers are likely to take a significant cut to their pensions before any decision about the long-term future of their jobs after the sale of the UK-based automotive group to PSA Peugeot Citroen. The French carmaker last week signed a deal with Vauxhall’s US parent General Motors to take control of its European operations — Vauxhall and its larger German sister company Opel. The deal, which was billed as a €2.2bn (£1.9bn) takeover by PSA, will actually end up with GM making substantial payments to the French group to take the chronically loss-making GM Europe off the hands of the Det

Vauxhall Astra Coupe 888: Catch It While You Can

Posted By GMbeat on Articles - In the automotive industry, surprises are few and far between. So continuous (and often intentional) is the flow of leaks that spew forth that official announcements are more usually a confirmation these days, rather than a revelation. But it's safe to say we all got probably the surprise of the year when news broke a few weeks back that GM was considering selling Opel and Vauxhall to Peugeot.

Following Opel sale, more downsizing in store for GM

Posted By GMbeat on Articles - General Motors this month finally sold its struggling European unit Opel (along with Vauxhall, Opel’s brand for the United Kingdom) to France's PSA Group after racking up two decades of losses totaling close to $20 billion.

Report: US-spec Buick Regal to adopt Opel Insignia Grand Sport’s fastback body

Posted By GMbeat on Articles - Buick’s next Regal for the United States will reportedly adopt the fastback sedan body style of the Opel Insignia Grand Sport that debuted last week at the 2017 Geneva auto show.

Opel will push ahead with EVs, flagship SUV under PSA ownership

Posted By GMbeat on Articles - Opel will press on with plans for more EVs and a flagship SUV under new owners PSA Group, the German automaker's CEO, Karl-Thomas Neumann, told a motoring magazine.

Opel could export in 2018

Posted By GMbeat on Articles - While General Motors foreshadows even more cuts to its global organisation, the new boss-in-waiting of Opel, Carlos Tavares, says it could stage a renewed export drive outside Europe as soon as 2018. Tavares is keen to export Opels to markets where PSA brands Peugeot and Citroen aren’t popular such as the USA.

New Buick Regal to bow in New York?

Posted By GMbeat on Articles - Buick's next-generation Regal could bow at the New York Auto Show.  Essentially an Americanized Opel Insignia, the model will be offered as a five-door hatchback with a sedan-like look and as a station wagon, but the current four-door sedan body style will not be replaced.