How things change. According to a report from The Wall Street Journal, Opel might just break even next year. This is kind of a big deal, largely because Opel has been arguably the most troubled branch both in General Motors' portfolio and in all of Europe.
An executive shuffle in the Volkswagen Group sees Dr. Rudolf Krebs take over as the Group Chief Officer for Electric Traction. Dr. Krebs takes over the job from Dr. Karl-Thomas Neumann, who is headed to China to take over all of VW's operations there. Krebs has his work cut out for him in Europe, as Volkswagen has recently announced a very aggressive program for rolling out a range of electric and hybrid vehicles by 2013.