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Wednesday, April 7, 2010 as of 11:14 AM ET

Vauxhall

Vauxhall

Vauxhall () is an inner city area of Central London in the London Borough of Lambeth. It was once in the historic county of Surrey.

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GM Sees Need To Address European Car Industry Overcapacity - Report

General Motors Co.

(GM) Vice Chairman Steve Girsky said action needs to be taken to address large overcapacity in the European car industry, according to an advance copy of an article in Die Zeit to be published Thursday.Girsky didn't comment on plans for possible plant closures, but said the turnaround plan for GM's loss-making European Opel and Vauxhall brands will be based on conservative estimates."We need to stop targeting overoptimistic goals and plan for unreachable market shares," Girsky is cited as saying.According to the report, Girsky wants the corporate culture at Opel to change. "If you're posting losses for years that are always being compensated by the parent firm, then you get used to it and believe at some point that it is normal to lose money," Girsky is cited as saying.Newspaper website: www.zeit.deCopyright © 2012 Dow Jones Newswires...

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  1. GM Europe Continues To Struggle Toward Profitability

    GM Europe continues to struggle to reach profitability, saying Thursday it wasn't satisfied with first-quarter results, but saw a better market situation in March."A...

  2. GM To Meet Europe Labor Unions On Plant-Closure Plans - Source

    General Motors Co. (GM) is scheduled to meet with labor union officials Thursday to discuss plans to close some of its European operations, a person familiar with th...

  3. GM's Opel Unit, Labor Unions To Continue Talks Over Turnaround Plan

    General Motor Co.'s (GM) European Adam Opel AG unit said Wednesday it will continue talks with labor unions to turn the business around, but it didn't elaborate on a...

  4. GM's Opel Unit Hires Volkswagen Executive As New Sales Chief

    General Motor Co.'s (GM) European Adam Opel AG unit said Wednesday it has hired Alfred Rieck from Volkswagen AG (VOW.XE) as board member responsible for sales and ma...

  5. German Labor Leaders Demand Talks With GM Management

    German labor leaders Friday called on General Motors Co. (GM) to meet and discuss its Opel and Vauxhall operations immediately, following news reports GM is preparin...

  6. GM Eyes Shutdown of One or Two European Factories

    General Motors (NYSE:GM) is planning to pull the plug on one or two European factories as the global auto maker continues to bleed red ink on the other side of the A...

  7. GM Employee Forum Requests Talks With Management

    The European employee forum of General Motors Co. (GM) and its Opel and Vauxhall brands said Monday it has asked management at the companies to open constructive tal...

  8. GM, Fiat Flirted With an Alliance

    General Motors and Italian automaker Fiat SpA earlier this year discussed combining their European operations, according to people familiar with the matter, an indic...

  9. MOTOR SHOW:GM's Chevrolet Volt Wins Car Of Year Award In Europe

    U.S. car maker General Motors Co.'s (GM) Chevrolet Volt Monday won Europe's Car of the Year award for 2012, a title which this year emphasized green technology.The e...

  10. German Car Makers Association VDA Cuts Outlook For West Europe

    German auto industry association VDA has cut its forecast for the Western European car market in 2012, but expects stronger-than-expected growth in the U.S. to offse...

  11. GM, Peugeot Alliance Raises Fears Of Job Losses - Report

    The proposed alliance between automakers General Motors Co. (GM) and PSA Peugeot Citroen (UG.FR) has heightened fears of job losses and plant closures in Europe, mag...

  12. AT A GLANCE: Peugeot, GM's European Operations

    PSA Peugeot Citroen (UG.FR) and General Motors Co. (GM) Wednesday announced a major auto-making alliance to shore up their unprofitable European operations. GM will ...

  1. GM Says It Will Build New Astra At Its UK Plant

    General Motors (GM) Thursday said it would build its new Astra model at Ellesmere Port, ensuring the survival of the U.K. plant.The decision follows the conclusion o...

  2. GM To Focus Astra Output In 2 Plants In Opel Revamp

    GM Europe to outline turnaround plan next month-Astra production to be focused in two plants-Opel needs to streamline costs at Ruesselsheim plantFRANKFURT -(Dow Jone...

  3. GM Europe President To Present Restructuring Plan In June

    The president of General Motors Co.'s (GM) European unit and chief executive of the core Opel/Vauxhall brand said Monday he will present the long-awaited turnaround ...

  4. GM's UK Vauxhall Division Is Close To Deal With Union-Report

    General Motors Co.'s (GM) Vauxhall operation is closing in on an important deal with union leaders over the future of Ellesmere Port in the U.K.--a move that could s...

  5. GM Wants To Sell Transmission Plant In France

    General Motors Co. (GM) said Wednesday it is examining a possible sale of its French transmission operations in Strasbourg, which would affect both the manufacturing...

  6. GM Europe Labor Chief Accuses Management Of Separate Plant Negotiations

    RUESSELSHEIM, Germany -(Dow Jones)- Friction between unions and management at General Motors Co.'s (GM) troubled European division intensified Tuesday when the union...

  7. GM Europe Presented New Compact-Car Strategy To Labor Unions

    General Motors Co.'s (GM) European division said Sunday it presented the strategy for the upcoming compact-car generation to its labor unions, indicating that a corn...

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