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Lead Story

The New York Times logo The New York Times 2 weeks ago

G.M. Executive Quits Over Opel Decision

DETROIT The head of European operations for General Motors quit on Friday after the automaker backed out of a deal to sell its Opel brand, a decision that has angered German workers and government officials. Full Article at The New York Times

Related Articles

  1. Germans damn GM on decision to keep Opel
    2 weeks ago

    General Motors' decision to keep its European arm Opel after months of negotiations to sell it triggered anger and dismay in Germany, which had led the talks and was putting up much of the cash. Full Article at People's Daily Online

  2. The Age logo
    Germany blasts GM decision to hang on to Opel
    2 weeks ago

    The German government blasted on Wednesday General Motors' decision to hang on to its European unit Opel as workers voiced alarm about a potentially deep restructuring of their loss-making company. Full Article at The Age

  3. German anger at GM Opel decision
    2 weeks ago

    Fritz Henderson, GM's chief executive, broke the news to Merkel's delegation during her meeting in Washington with the heads of the World Bank and IMF shortly before she returned to Berlin. Full Article at Al Jazeera

  4. San Francisco Chronicle logo
    German indignation over GM decision to keep Opel
    2 weeks ago

    Klaus Franz, Adam Opel GmbH's top employee representatives, said workers would walk out starting Thursday in brief, so-called "warning strikes" over GM's decision to call off a deal with Canadian parts maker Magna International Inc. and Russian lender... Full Article at San Francisco Chronicle

Related Quotes

  1. With the departure of Forster, GM will initiate an immediate external search for a new CEO for Opel Europe and will work with Opel leadership, in consultation with representatives of the European Employees Forum, in moving forward with a plan that will build a strong and enduring future for the Opel/Vau...
    SOURCE: Zee News 2 weeks ago
  2. GM did not warn anyone, did not speak to anyone ... despite all the agreements reached and documents signed. Well, I think it is a good lesson.
    SOURCE: Zee News 2 weeks ago
  3. GM did not warn anyone … despite all the agreements reached
    SOURCE: Deutsche Welle 2 weeks ago
  4. The appointment of this manager is a provocation for the German car maker, because up to now he was responsible for the Asia business and the cheap marque Chevrolet, which made life for Opel in Europe much harder. While GM expanded Chevrolet into new growth markets, Opel was downgraded to a regional Eur...
    SOURCE: Times Online 2 weeks ago
View all Related Quotes »

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Related Photos

  1. ELLESMERE PORT, ENGLAND - SEPTEMBER 15: British Prime Minister Gordon Brown tours the production line of the new Vauxhall Astra, which coincides with the launch of the car at the Frankfurt Motorshow, on September 15, 2009 in Ellesmere Port, England.
  2. LUTON, ENGLAND - SEPTEMBER 10: A worker walks past an entrance gate in the Vauxhall car plant in Luton after the parent company, General Motors, announced it is to sell Vauxhall and Opel to Canadian car parts manufacturer Magna on September 10, 2009 in Luton, England.
  3. BERLIN - SEPTEMBER 10: John Smith (R), lead negotiator for U.S. carmaker General Motors, and Fred Irwin (C), Chairman of the Opel Trust Board, arrive to announce GM's final decision of the future of German carmaker Opel on September 10, 2009 in Berlin, Germany.
  4. LONDON, ENGLAND - JUNE 10: Commuters queue for buses outside Vauxhall Station during the RMT Union's tube strike on June 10, 2009 in London, England.
  5. LUTON, ENGLAND - MAY 28: A general view of Vauxhall's parent company GM Europe in Luton on May 28, 2009 in Luton, England. Concerns are growing over the future of the Luton plant after talks broke down on who will buy the two General Motors plants in Luton and Ellesmere Port.
  6. Britain's Prince Charles (R) talks to the plant director Thomas Schmidt during his visit to the Ellesmere Port General Motors' owned Vauxhall motors plant in Ellesmere Port, Cheshire, north-west England, on March 26, 2009.
  7. LONDON - JULY 23: Visitors to Excel inspect GM's Vauxhall Opel Flextreme concept car, which is powered by an E-Flex electric propulsion concept and on display at the British International Motor Show on July 23, 2008 in London, England.
  8. LONDON - JULY 21: The new Opel/Vauxhall Insignia is lowered from a crane above Tower Bridge, during its World debut July 21, 2008 at Potters Field in London, England. The Insignia will be available in a sedan and a five-door hatchback.

Cast of Characters

  1. General Motors General Motors
  2. Vauxhall Vauxhall
  3. Sberbank Sberbank
  4. Magna International, Inc. Magna International, Inc.
  5. Barack Obama Barack Obama
  6. Angela Merkel Angela Merkel