News results for "vauxhall"

Marchionne would still merge with General Motors, but is it the right fit?

Posted By GMbeat on Articles - In December 2015, Fiat Chrysler Automobiles' CEO Sergio Marchionne admitted that he'd given up his dream of merging FCA and General Motors for the time-being. But apparently, true love never dies: in the wake of yesterday's announcement that GM is selling off Opel/Vauxhall to PSA, reporters asked Marchionne if he was still interested in proposing.

GM may have 'thrown out baby with bathwater' in Opel sale, says Fiat chief

Posted By GMbeat on Articles - General Motors (GM) may have "thrown out the baby with the bathwater" in the sale of its European Opel and Vauxhall brands to French rival Peugeot, the head of rival firm Fiat Chrysler (FCA) has told CNBC.

General Motors' Europe Pullout Rocks Big Car Show

Posted By GMbeat on Articles - Not even gleaming, sexy new machines from Ferrari, Lamborghini and Porsche could switch the spotlight at the annual car show from the fall-out from General Motors’ decision to sell its Opel-Vauxhall subsidiary, and the implications of this decision for business in Europe.

Opel boss Karl-Thomas Neumann says firm has control of its own destiny

Posted By GMbeat on Articles - Opel boss Karl-Thomas Neumann believes the firm has control of its destiny following the start of formal takeover proceedings by the PSA Group. The combination of Citroën, DS, Opel, Peugeot and Vauxhall will make the firm the second largest car maker in Europe after the Volkswagen Group, and Neumann believes that scale will be critical in a period of massive change for the car industry.

General Motors Sells Opel/Vauxhall: It's All About Cash Flow

Posted By GMbeat on Articles - Last month, General Motors confirmed that it was negotiating the potential sale of its European operations to PSA Group, owner of the Peugeot brand. Last weekend, GM pulled the trigger. PSA will buy the Opel and Vauxhall brands, as well as GM's European financing operations.

Opel CEO Neumann will remain in post as new era starts under PSA

Posted By GMbeat on Articles - Karl-Thomas Neumann will remain at the helm of Opel/Vauxhall as the automaker revamps its lineup with PSA Group platforms in a technical convergence that will cause a delay to the next Corsa.

Why has PSA bought Opel and Vauxhall?

Posted By GMbeat on Articles - Cutting costs and boosting profitability – that’s the short version of why a deal for PSA and its Peugeot, Citroën and DS brands to buy General Motors’ Opel-Vauxhall business has been reached. It’s clearly big news.