Until this morning I couldn’t reliably spell Koenigsegg. It was a little company of fewer than 50 employees making fewer than 20 cars a year. Now it has effectively taken over Saab.
Tag Archives: Opel
Vauxhall: culling the weak
at 3:08 pm on Friday June 5, 2009
This economic chokehold on the motoring industry is squeezing air out of everyone, but it’s doing us a great service at the same time. It’s culling the weak. Separating the wheat from the chaff.
Vauxhall-Opel gets its new owner
at 1:59 pm on Monday June 1, 2009
Well, Foreman called it wrong. I thought Fiat would get control of Vauxhall and Opel, but the giant Canadian car-components-maker Magna won. I was looking at it from an automotive point of view, and the result was skewed by politics.
Vauxhall/Opel/Saab: the die is nearly cast
at 9:09 am on Friday May 15, 2009
The band is about to stop in the big game of Manufacturer Musical Chairs, and Fiat – having already snapped up Chrysler – looks set to get its hands on GM Europe too.
Finally – a head rolls
at 9:20 am on Monday March 30, 2009
President Barack Obama has showed his teeth. He’s told the boss of GM to resign. Presumably he wouldn’t have done that unless he was about to give GM the billions in loans the company is asking for. The president needed to get some collateral, didn’t he?
Sacrificing Vauxhall/Opel?
at 10:23 am on Wednesday March 11, 2009
Top politicians are lining up to proclaim that Vauxhall/Opel isn’t worth saving. Which is mortally wounding for the company because without billions of cash from European governments, it will go bankrupt within weeks.
GM looking to cut Opel/Vauxhall loose
at 6:00 pm on Wednesday March 4, 2009
Fritz Henderson, GM’s Chief Operating Officer, has announced plans to split Opel and Vauxhall into a separate division that can then be opened up for outside investment. GM has also announced that it is looking for £2.9 billion in state aid from countries across Europe to keep the various operations afloat, or risk losing some [...]
If GM goes, what about Vauxhall?
at 4:05 pm on Monday November 24, 2008
Lots of people have asked me this question recently: if GM is bankrupted, what happens to Vauxhall and Opel? And I’ve asked lots of people, including GM high-ups. No-one seems to know, or to be willing to say.
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