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Opel/Vauxhall dealers to buy stake in brands
With the German government taking a very cautious approach towards extending a helping hand to GM's Opel division (Vauxhall in the U.K.), a large group of the brand's dealerships have hatched a scheme that could see them take a minority stake in the company. Under the proposal, participating dealers would put 150 euros from each Opel or Vauxhall vehicle sold into an account for the next three years. The total investment would equal 400 million euros, which would only buy a minority stake in the automaker and is far short of the 3.3 billion ... Read more →
Germany not pleased with Opel's "inadequate" rescue plan Jeremy Korzeniewski
Opel, General Motors' Deutsch subsidiary, may have hit a snag in its bid for government assistance from the German government. According to Automotive News, Finance Minister Peer Steinbrueck says of ...
EU blinks regarding blanket CO2 standard for automakers Alex Nunez
It looks as if the (very) heavy pressure coming from Germany with regard to the EU's proposed legislation to limit fleetwide automaker CO2 emissions is having an effect. Earlier drafts set a 130 g/km ...
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Opel/Vauxhall dealers to buy stake in brands 9 months ago on Autoblog
With the German government taking a very cautious approach towards extending a helping hand to GM's Opel division (Vauxhall in the U.K.), a large group of the brand's dealerships have hatched a scheme that could see them take a minority stake in the company. Under the proposal, participating ...
Germany not pleased with Opel's "inadequate" rescue plan 9 months ago on Autoblog
Opel, General Motors' Deutsch subsidiary, may have hit a snag in its bid for government assistance from the German government. According to Automotive News, Finance Minister Peer Steinbrueck says of the proposal as it currently stands: "is not a workable basis for a decision." Steinbrueck said that ...
EU blinks regarding blanket CO2 standard for automakers 2 years ago on Autoblog
It looks as if the (very) heavy pressure coming from Germany with regard to the EU's proposed legislation to limit fleetwide automaker CO2 emissions is having an effect. Earlier drafts set a 130 g/km ceiling, which would seriously impact German automakers like Porsche, BMW, and Mercedes-Benz, all of ...
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