Opel

He said Opel is expected to report a "significant loss" this year and restructuring charges are bound to eat up earnings next year.

GM's Opel to Close Belgian Plant Christoph Rauwald 2010

The offer is contingent on financing guarantees for Opel from the German government, as well as a "compensation payment" of €40,000 from GM for each of Opel's roughly 26,000 workers.

Opel's Aid Request Poses a Dilemma for Germany 2008

It said it would now be seeking aid for Opel from the German government and other European states.

Car Advice | News Blog 2009

The Business Secretary, Lord Mandelson, has been accused by the unions of having nothing more than a walk-on part in scenes dominated by the American and German governments and the three private sector bidders for the business, which employs 50,000 people, half of them in German Opel factories.

The Independent - Frontpage RSS Feed 2009

SolarWorld, which also sought a liquidity guarantee for Opel from the German government, did not say who it expected to pay the compensation.

EUnews 2008

GM's Opel, which is in the midst of a massive restructuring that included the industry's only closure of a plant during the slump, is expected to turn a profit in 2011, said Chief Executive Nick Reilly .

Geneva Auto Show Glitz Masks New Worries Vanessa Fuhrmans 2011

Mr. Reilly said last month that he believed Opel, which is based in Germany, could make money in 2011, excluding restructuring costs, which would be a year ahead of schedule.

GM Picks New Opel Head Sharon Terlep 2011

Beijing Auto so far hasn't publicly discussed its bid for Opel, which is up against two competing proposals.

China Sees Opel as Global Step Stone 2009

Support from those governments would add a new political factor to the long-running saga over the fate of Opel, which is based in Germany, and its British sister brand, Vauxhall.

GM Sees $1.42 Billion in Opel Aid From Britain, Spain, Poland 2009

GM at the last minute also found buyers for some unwanted subsidiaries, including German-based Opel, which is being acquired by a consortium led by Canadian auto-parts supplier Magna International Inc., and the Hummer brand, whose buyer remained undisclosed.

New Era in Autos as GM Set for Bankruptcy 2009