Opel chief Karl-Friedrich Stracke was asked to tell his workers unambiguously whether the Opel plant in Bochum will be closed or remain open. Today, Stracke met with workers in Bochum. He told them that no decision has been made – yet. (Read More…)
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Two days ago, Bloomberg brought harrowing news:
“Chinese dealers are struggling with the rising number of unsold cars that’s threatening to deepen price cuts. Dealerships for Honda Motor Co., Chery Automobile Co., BYD Co. and Geely carried more than 45 days of inventory as of the end of April, exceeding the threshold that foreshadows debilitating price cuts.”
Automotive News made the matter the opener of its Friday video newscast. Apparently, the sky is soon to fall in China. The situation is even more dramatic elsewhere. (Read More…)
With GM now dropping out of Super Bowl advertising, what’s next for the marketing bigwigs at the Ren Cen? And yes, I’ll take the Storm, thank you very much.
Holden is expected to make an announcement regarding the export of its Commodore vehicles to North America – essentially confirming the existence of the forthcoming 2013 Chevrolet SS Performance – and apparently it may not be limited to sedans. Utes and wagons could be arriving at some point as well.
What was highly probable yesterday is definite: GM will shift production of the Astra compact from Germany to Ellesmere Port, England. Workers at the UK plant agreed nearly to a man and a woman (approval rate 94 percent) to a deal with GM that keeps Ellesmere Port open and that spells the near certain doom of Opel’s plant in Bochum.
Workers agreed to a four-year deal that freezes wages for two years, and that allows only moderate rises of around 3 percent for the following two years, Reuters heard from a source. The source also said: (Read More…)
Tomorrow, Thursday morning, GM will most likely announce that the new Opel Astra will be built at the Ellesmere Port plant near Liverpool, and no longer in Germany. This ends weeks of hard-nosed gamesmanship, where one plant was played against the other. (Read More…)
While GM is withdrawing from Facebook advertising, over in Europe, Opel does the opposite: Opel spent untold budget amounts to hire Orlando Higginbottom, better known as Totally Enormous Extinct Dinosaurs. The hot UK producer, remixer and DJ was hired to flog … clicks to Facebook. (Read More…)
Happy 28th birthday, Mark Zuckerberg. Your baby is about to go public, but GM still had to rain on your parade by pulling their advertising from Facebook because GM ad men didn’t think it was effective.
Minutes after Ally Financial, the bs-artist formerly known as GMAC, took its Residential Capital bankrupt, David Shepardson tweeted to his followers that all is fine:
“GM owns 9.9% of Ally Financial Inc, while
@USTreasuryDept owns 74 percent” (Read More…)
Dayna Hart, GM China’s Director of Communications, and resident of Shanghai, has been shanghaied as a spokesperson for an amazing new weight loss product on Twitter. (Read More…)
A lot of the Opel news seen below emanated from an all hands meeting at Opel’s ancestral home in Rüsselsheim. Opel CEO Karl-Friedrich Stracke explained the restructuring plan for Opel. According to German media reports, Stracke delivered more questions than answers. According to Reuters Germany, “the management of the lossmaking GM subsidiary did not contribute to a heightened confidence of employees.” The impression is that the management has no plan. (Read More…)
With all the rumors about German-built Citroens and re-badged French MPVs, it’s time to do what North American car lovers do best; cast a greedy eye upon vehicles we can’t get, and talk about how much we’d like them.
If GM’s Opel would have a jobs bank, its accounts would be bulging. Opel has far too much capacity for far too little sales. The situation at Opel “is more dramatic than thought,” writes Germany’s Focus Magazin. The magazine got is hands on confidential production plan (most likely leaked by interested parties,) and the numbers are horrific. (Read More…)
Even though Opel will be tasked with developing the next Citroen C5, PSA will be responding in kind by providing some expertise of their own, in the form of small minivans.
With a new Citroen C5 due in 2016, production of the mid-size Citroen will shift from PSA’s Rennes plant to an undisclosed Opel facility. A French car, built by Germans – eat your heart out, Clemens.
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