The Local Germany

Volkswagen-Fiat fight changes up a gear

Fri, 27 Jul 2012 12:56:00 +0200

A fight exploded this week between German auto giant Volkswagen and Fiat boss Sergio Marchionne after he said VW's low prices were wrecking the industry – and VW called for his removal from head of the European car lobby.

Fiat focuses truck production in Germany

Mon, 02 Jul 2012 10:16:00 +0200

Italy's Fiat Industrial will close five European plants of its truck subsidiary Iveco before year end to concentrate production at one German site, the firm's director told the Ansa news agency Sunday.

Opel future uncertain as Berlin talks stall

Fri, 29 May 2009 15:52:00 +0200

General Motors' German unit Opel and its 25,000 employees were staring into the abyss on Friday after the two firms bidding to take control appeared to get cold feet.

Opel's automotive onus

Thu, 28 May 2009 18:03:00 +0200

Andrew Bulkeley explains why Berlin’s politicians might be driving carmaker Opel off a cliff.

Berlin miffed at US as Opel talks collapse

Thu, 28 May 2009 10:39:00 +0200

Talks aimed at saving General Motors Europe's Opel unit broke down amid acrimony between Germany and the United States on Thursday as fears mounted for tens of thousands of jobs across Europe.

General Motors set to hive off Opel

Wed, 27 May 2009 16:47:00 +0200

General Motors on Wednesday transferred control of its European factories and patents to its German subsidiary Opel, paving the way for it to be hived off from the beleaguered US auto giant.

Magna preferred for Opel takeover

Fri, 22 May 2009 12:00:00 +0200

Canadian auto parts maker Magna is in pole position in the race to take over struggling General Motor's German subsidiary Opel, a key local politician said Friday.

Guttenberg moots trust to save Opel

Thu, 14 May 2009 22:49:00 +0200

German Economy Minister Karl-Theodor zu Guttenberg on Thursday said he could imagine using a government-backed trust to help save embattled carmaker Opel.

Opel cuts executive pay

Thu, 07 May 2009 19:09:00 +0200

German carmaker Opel, a unit of General Motors, has said it will slash the salaries of around 300 executives in Europe as part of a drastic cost-cutting program.

Spiegel: Fiat won't close Opel plants

Mon, 27 Apr 2009 12:15:00 +0200

Italian carmaker Fiat is prepared to guarantee that Germany’s four Opel plants will stay open if it takes over the troubled General Motors subsidiary, news magazine Der Spiegel reported on Monday.