The Truth About Cars logo The Truth About Cars 3 weeks ago

GM And Opel: The Winds Of War

Hell, no, we won’t go. Picture courtesy blog.cleveland.com

When GM’s Fritz Henderson called Magna chief Siegfried Wolf and told him that GM had an irreversible case of seller’s remorse, Wolf’s flabbergasted counter was: “Are you joking?” Fritz told him he’s dead serious. Opel will stay with GM. Full Article at The Truth About Cars

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  1. FRANKFURT - Opel's top German labor leader said on Sunday he was willing to hold negotiations over a restructuring of the European carmaker under its parent General Motors so long as it gains greater independence. Full Article at International Business Times

  2. AFP - The British government said Wednesday it would work closely with General Motors after the US automaker scrapped an on-again, off-again plan to sell its big European division, Opel, that had triggered a political and diplomatic controversy. Full Article at France 24

  3. Holden has welcomed a move by its parent General Motors to abandon plans to sell its European Opel subsidiary. CAR maker Holden has welcomed US parent General Motors’ announcement this morning that it will retain its European car-making business. Full Article at The Age

  4. The flag of US automaker General Motors flies in front of the plant of German carmaker Opel at the company's plant in the western German city of Bochum. Full Article at USA Today

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  1. DETROIT -  DECEMBER 1:  General Motors Chairman Ed Whitacre reads a statement announcing that Fritz Henderson will be stepping down as the CEO of the company at a news conference December 1, 2009 at the GM headquarters in Detroit, Michigan. Whitacre will take over as the interim CEO.
  2. General Motors' Chairman Ed Whitacre Jr. announces that CEO Frederick "Fritz" Henderson has resigned, Tuesday, Dec. 1. 2009, during a news conference in Detroit. Whitacre will serve as interim CEO. The company plans an international search for a new president and chief executive.
  3. GM Vice Chairman Bob Lutz delivers a keynote speech at the Los Angeles Auto Show in Wednesday, Los Angeles, Dec. , 2, 2009.
  4. DETROIT - JANUARY 12:  GM Vice Chairman Bob Lutz talks with reporters after a press conference during the second press preview for the Detroit International Auto Show at the Cobo Center January 12, 2009 in Detroit, Michigan.

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