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Car Industry Winners and Losers Drift Apart - dapd

Car Industry Winners and Losers Drift Apart - dapd

Divided Europe Car Industry Winners and Losers Drift Apart

A two-tiered industry is emerging among European automakers. While German brands BMW, Daimler and Volkswagen are reporting record profits, competitors Opel, Peugeot, Renault and Fiat are struggling to survive. Von Dietmar Hawranek

Opel to Shutter German Plant - Oliver Berg/ dpa

Opel to Shutter German Plant - Oliver Berg/ dpa

Sluggish Sales Opel to Shutter German Plant

General Motors subsidiary Opel said on Monday it will stop assembling cars at its plant in Bochum, Germany in 2016. Up to 3,000 jobs could be lost as a result at the carmaker, hit by a steep drop in sales in the euro crisis.

The End Might Be Near for Opel - dapd

The End Might Be Near for Opel - dapd

On the Skids The End Might Be Near for Opel

The situation is grim for the European car market, even for previously thriving premium brands. But things look particularly gloomy for Opel. Thanks to stiff competition and an undeservedly poor reputation, the GM subsidiary has reached a low from which it might never recover. Von Thomas Tuma

Internal GM Plan Foresees Plant Closures in Europe - INA FASSBENDER/ REUTERS

Internal GM Plan Foresees Plant Closures in Europe - INA FASSBENDER/ REUTERS

Shift to Low-Cost Countries Internal GM Plan Foresees Plant Closures in Europe

An internal General Motors strategy paper reveals that the US automaker wants to close its plants in Western Europe and transfer production to low-cost countries. The document means that the future looks bleak for Opel's plant in Bochum and Vauxhall's factory in Ellesmere Port. Von Dietmar Hawranek

GM Reportedly Closing Two European Plants - dapd

GM Reportedly Closing Two European Plants - dapd

'Dire' Market Conditions GM Reportedly Closing Two European Plants

General Motors appears to be losing patience with its ailing European subsidiary Opel. According to media reports, the US carmaker plans to close up to two plants in Europe. Bochum in Germany and Ellesmere Port in Britain apparently top the list for the cuts.

GM Considers Closing Opel Factory in Germany - KAI PFAFFENBACH/ REUTERS

GM Considers Closing Opel Factory in Germany - KAI PFAFFENBACH/ REUTERS

Poor Performance GM Considers Closing Opel Factory in Germany

US automaker General Motors is reportedly losing its patience with its European unit Opel/Vauxhall. Steep losses may now result in factory closures and layoffs, including the Opel factory in Bochum, Germany, according to media reports. The labor conflict could be reminiscent of 2009, when GM elected not to sell Opel.

GM Considers Sale of European Opel Unit - Michael Probst/ AP

GM Considers Sale of European Opel Unit - Michael Probst/ AP

German Carmaker in Trouble GM Considers Sale of European Opel Unit

US car giant General Motors appears to be ready to sell its subsiary Opel once again, amid continuing losses at the German firm, SPIEGEL has learned. When GM abandoned a 2009 effort to sell the firm, the decision caused deep-seated tensions between the American company and the government in Berlin. Von Dietmar Hawranek

GM Withdraws Pleas for Public Money in Europe - DDP

GM Withdraws Pleas for Public Money in Europe - DDP

About-Face on Opel GM Withdraws Pleas for Public Money in Europe

General Motors Europe on Wednesday announced that it was withdrawing its request for financial assistance from European governments as it restructures its subsidiary Opel. The decision comes just a week after Germany declined to provide funding.

'The Idea of State Aid to Opel Is Absurd' - FABRIZIO BENSCH/ REUTERS

'The Idea of State Aid to Opel Is Absurd' - FABRIZIO BENSCH/ REUTERS

The World from Berlin 'The Idea of State Aid to Opel Is Absurd'

GM Europe was deeply disappointed when the German Economy Minister ruled out giving state aid to Opel on Wednesday. Just hours later, however, Chancellor Merkel said that the last word had not been spoken on the issue, launching the latest spat between the two coalition partners.

Opel Restructuring Plan Offers 'Far Too Little' - DDP

Opel Restructuring Plan Offers 'Far Too Little' - DDP

The World from Berlin Opel Restructuring Plan Offers 'Far Too Little'

General Motors unveiled its plans for restructuring Opel on Tuesday, which envision job cuts and securing billions in loans and guarantees from European governments. German commentators accuse the company of trying to dump the costs on the country's taxpayers while reserving the rewards for itself.

Opel Slashes Jobs and Demands State Money - Julian Stratenschulte/ dpa

Opel Slashes Jobs and Demands State Money - Julian Stratenschulte/ dpa

Restructuring, GM Style Opel Slashes Jobs and Demands State Money

General Motors Europe on Tuesday finally announced the details of its plan to restructure German car-maker Opel. In addition to thousands of job cuts, GM wants 2.7 billion euros from European governments. Opposition to the plan is building in Germany.

How the Opel Deal Went Sour - DDP

How the Opel Deal Went Sour - DDP

The Rebuff from Detroit How the Opel Deal Went Sour

The bid by the German government to secure Opel's rescue has ended in fiasco after General Motors pulled out of a deal to sell its troubled European subsidary. Berlin lacks a strategy for how to deal with the country's most important industry. Von SPIEGEL Staff

A Disgrace for the Populists - DDP

A Disgrace for the Populists - DDP

The Opel-Magna Debacle A Disgrace for the Populists

Magna, Magna, Magna. German politicians became so transfixed on one solution in the crisis at Opel that they fell into the populism trap and lost touch with reality. Now the government in Berlin is being shown, painfully, that it can't force General Motors into a deal it doesn't want. The episode shows the challenges the German government faces in trying to save companies. Von Severin Weiland

EU Lets Germany Off the Hook - Martin Meissner/ AP

EU Lets Germany Off the Hook - Martin Meissner/ AP

State Aid for Opel EU Lets Germany Off the Hook

The European Commission will not investigate the improper use of state aid in the ongoing attempts to sell carmaker Opel. The situation at Opel is so critical that the company would likely collapse before such an investigation could be complete. Von Caroline de Gruyter

Unfair, Uncompetitive And Upsets The Neighbors - Michael Probst/ AP

Unfair, Uncompetitive And Upsets The Neighbors - Michael Probst/ AP

Magna's Opel Deal Unfair, Uncompetitive And Upsets The Neighbors

The sale of Opel announced last week looks to be on shaky ground. Other EU states are saying it smacks of protectionism, claiming their plants are just as efficient as Germany's. Meanwhile Opel's buyers announced more German job losses than expected and critics say Russia will benefit more than Germany.

International Reactions From Joy To Anger To Legal Threats - Oli Scarff/ Getty Images

International Reactions From Joy To Anger To Legal Threats - Oli Scarff/ Getty Images

Magna Buys Opel, Vauxhall International Reactions From Joy To Anger To Legal Threats

The deal to sell General Motor's beleaguered European brands, Vauxhall and Opel, is close to the finish line. But while the German government is congratulating itself, other nations in Europe are upset. Belgium is even considering a probe into what they see as German protectionism.

Is Strife Inevitable in This Tricky Marriage? - Virginia Mayo/ AP

Is Strife Inevitable in This Tricky Marriage? - Virginia Mayo/ AP

Opel's Sale To Magna Is Strife Inevitable in This Tricky Marriage?

The German government is celebrating -- and Opel employees are, too. But there are still plenty of sticking points for this troubled marriage between carmakers, unions and politicians. SPIEGEL ONLINE takes a look at potential pitfalls in the future of the Opel-Magna marriage. Von Michael Kröger und Anselm Waldermann

End In Sight For Opel Odyssey - Martin Meissner/ AP

End In Sight For Opel Odyssey - Martin Meissner/ AP

GM To Accept Magna Offer End In Sight For Opel Odyssey

General Motors has confirmed its intent to sell the controlling interest in its European subsidiary Opel to Canadian car parts-maker Magna and a Russian bank. After months of uncertainty, the end appears to be in sight. But some say it could be months before the ink is finally dry on the contract.

How Merkel's Attempt to Save Opel Went Awry - YVES HERMAN/ REUTERS

How Merkel's Attempt to Save Opel Went Awry - YVES HERMAN/ REUTERS

Car Crash How Merkel's Attempt to Save Opel Went Awry

German Chancellor Angela Merkel has run into problems with her attempt to save the troubled German carmaker Opel: The US government doesn't want a consortium featuring Russian investors to take over the GM subsidiary. Thousands of German jobs are hanging in the balance as talks drag on. Von SPIEGEL Staff

Why GAZ Is Pinning Its Hopes on Opel - SPIEGEL ONLINE

Why GAZ Is Pinning Its Hopes on Opel - SPIEGEL ONLINE

Ailing Automaker Why GAZ Is Pinning Its Hopes on Opel

Ailing Russian automaker GAZ has an ultra-modern production facility -- but its business strategy is flawed. The company directors are hoping that a deal with Opel and Magna will give it the fresh start it desperately needs. Von Matthias Schepp

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