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Showing posts with label GM's Opel unit. Show all posts
Showing posts with label GM's Opel unit. Show all posts

November 05, 2012

GM badly lags Ford in Europe restructuring

PARIS/DETROIT: Ford Motor Co, which clung to the road with a timely swerve before the 2009 crisis that bankrupted General Motors Co, may now be pulling a similar stunt in Europe.

October 31, 2012

Fiat slashes targets for next two years due to languishing Europe sales

MILAN: Fiat sharply cut its group targets for the next two years on Tuesday, saying languishing sales in austerity-hit Europe may mean its trading profit in 2014 is a third lower than it targeted two years ago.

September 17, 2012

Too soon to know whether Europe is stabilizing: GM CFO

It is not clear whether the weak European automotive market is stabilizing, but executives in the industry are talking more than ever about reducing capacity to match lower demand in the region, a top General Motors Co official said on Friday.