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GM boss: Opel to pay for most of its restructuring

Nov. 5, 2009
General Motors Co. CEO Fritz Henderson said Thursday its European Opel unit will pay for most of the $3 billion it needs to restructure. Henderson's comments came two days after GM's board decided to keep Opel, rejecting a deal to sell 55 percent of European...
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GM says it will keep Opel

DETROIT, Nov. 3 (UPI) -- U.S. automaker GM Co. said Tuesday business is looking up so it's not going to sell its Opel division.

EU warns on German aid in Opel deal

BERLIN, Oct. 17 (UPI) -- Germany's offer to back the purchase of General Motor Co.'s Opel subsidiary with state aid may doom the deal with European regulators, observers say.
Belgium unhappy with Opel sale

Belgium unhappy with Opel sale

BRUSSELS, Sept. 11 (UPI) -- Belgium is pressing the European Union to investigate the sale of Opel to a Canadian and Russian venture on concerns that Germany sought unfair advantages.

Germans impatient with GM on Opel fate

BERLIN, Aug. 24 (UPI) -- Delays by U.S. automaker General Motors in deciding the fate of its European subsidiary Opel are unacceptable, a German labor leader says.

Fiat CEO to announce merger plans

ROME, May 3 (UPI) -- The chief executive of Fiat SpA will outline plans this week in Berlin for joining with Chrysler LLC and General Motors Europe, analysts said.

Germany has 50,000 reasons to help Opel

MUNICH, Germany, March 2 (UPI) -- German Economics Minister Karl-Theodor zu Guttenberg said he would discuss the future of carmaker Opel with U.S. officials.

Report: GM seeks job cuts at Opel

RUESSELSHEIM, Germany, April 11 (UPI) -- General Motors Corp. is considering cutting several thousand jobs at its Adam Opel GmbH in Germany, a published report said Wednesday.

Uncertainty surrounds Opel's future

BRUSSELS, Dec. 21 (UPI) -- The long-term future of the Opel car factory in Antwerp, Belgium, was clouded by conflicting statements Thursday. Trade unions representing workers at Belgian Opel announced that the Opel and its American version, the Saturn, would continue production at

German Opel to seek 40-hour week

BERLIN, Aug. 27 (UPI) -- Opel plans to press for a 40-hour workweek in Germany, breaching what has been a taboo subject in the country, Bild Zeitung reports.

GM to reorganize money-losing GM Europe

FRANKFURT, June 17 (UPI) -- GM, the world's largest automaker, is expected to restructure its unprofitable European operations to end years of losses, the Wall Street Journal said.
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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch