Jump to content
  • William Maley
    William Maley

    Opel Sale Hits A Roadblock Due to Development Center Issue

    Sign in to follow this  

      And the process of selling Opel has hit a roadblock

    If General Motors and PSA Group were hoping to have a smooth sale of Opel, they were dashed this week.

    Both Automobilwoche and German newspaper Allgemeine Zeitung report Opel's work council and German labor union IG Metall have some specific demands for workers at Opel's development center in Rüsselsheim. The two parties want a guarantee that 7,700 workers will keep their jobs at the center and that continue performing work for GM until 2020 - which could account for 30 percent of the development center's output. 

    There are also some disagreements on vehicle development. PSA Group wants the next-generation Corsa subcompact to use one their platforms, while Opel wants to keep the current platform and also wants to develop an SUV based on the Insignia platform. 

    Until this issue can get resolved, GM and PSA Group cannot move forward with the Opel sale. Originally, GM was planning to move their European assets into a new company titled Opel Automobile GmbH. But plans for this have been postponed.

    "Only when these service contracts are signed and the new ITEZ contract is signed can the business transition come," an insider told Allgemeine Zeitung.

    A spokeswoman for the works council told Automobilwoche that there was no disagreement between the various parties on this issue. But the complexity of this matter has pushed back plans for workers to ratify the agreement.

    Information sessions about the agreement that were supposed to take place this week have been reportedly canceled.

    Source: Automobilwoche, Allgemeine Zeitung

    Sign in to follow this  


    User Feedback

    Recommended Comments

    Bloody Unions will be the death of companies.

    I could see GM deciding to just kill off the product line and lay off everyone. Would not hurt the overall company in the long term and it would reduce the extreme surplus production capacity. These people have got to wake up to the fact that nothing lasts forever and nothing is a job for life.

    Share this comment


    Link to comment
    Share on other sites

    Wait... who is calling the shots at Opel these days... Opel or GM?  Opel wants a crossover on the Insignia platform? That's... kinda dumb. The new Small-Midsize crossover platform is on Delta (Equinox / Terrain)  The larger mid-size is on C1 platform (Acadia, XT5) which is a distant cousin of Epsilon (E2).

    PSA is probably in the right to want to use their own platform for the Corsa otherwise it ends up on Gamma.

    • Upvote 1

    Share this comment


    Link to comment
    Share on other sites

    I think this is just hijacking tactics by the German unions to keep jobs safe in Germany.

    PHOQUE GERMANY!

    The Euro-zone is crumbling because there only a few countries that benefit from factories...

     

    Greece is blamed for its problems because

    1. Greeks are lazy

    2  Greece and its socialist government

    3. Greece is corrupt

    Yet NOBODY mentions outside of selling olives and feta cheese and a couple of tourists coming to see the Parthenon and swim at her beaches, there are NO jobs!!!

    Germany keeps ALL her manufacturing to HERSELF(or is it himself as Hitler called Germany the Fatherland)

    Anyway!

    PHOQUE Germany! I hope PSA buys Opel and moves ALL of Opel's factories in France!!!!

     

     

     

    • Upvote 1

    Share this comment


    Link to comment
    Share on other sites
    5 hours ago, Drew Dowdell said:

    Wait... who is calling the shots at Opel these days... Opel or GM?  Opel wants a crossover on the Insignia platform? That's... kinda dumb. The new Small-Midsize crossover platform is on Delta (Equinox / Terrain)  The larger mid-size is on C1 platform (Acadia, XT5) which is a distant cousin of Epsilon (E2).

    PSA is probably in the right to want to use their own platform for the Corsa otherwise it ends up on Gamma.

    Yeah, that is the scary part....I think they simply either don't have a clue, or they don't give a rat's butt. Dfelt has the right idea....would be sad, but if they want to learn the hard way.....

    Share this comment


    Link to comment
    Share on other sites
    7 hours ago, Drew Dowdell said:

    Wait... who is calling the shots at Opel these days... Opel or GM?  Opel wants a crossover on the Insignia platform? That's... kinda dumb. The new Small-Midsize crossover platform is on Delta (Equinox / Terrain)  The larger mid-size is on C1 platform (Acadia, XT5) which is a distant cousin of Epsilon (E2).

    PSA is probably in the right to want to use their own platform for the Corsa otherwise it ends up on Gamma.

    insignia platform would actually be perfect for a more carlike crossover, not trucky, larger than the small equinox.  Edge competitor.  And it wouldn't handle like a turd.

    7 hours ago, oldshurst442 said:

    I think this is just hijacking tactics by the German unions to keep jobs safe in Germany.

    PHOQUE GERMANY!

    The Euro-zone is crumbling because there only a few countries that benefit from factories...

     

    Greece is blamed for its problems because

    1. Greeks are lazy

    2  Greece and its socialist government

    3. Greece is corrupt

    Yet NOBODY mentions outside of selling olives and feta cheese and a couple of tourists coming to see the Parthenon and swim at her beaches, there are NO jobs!!!

    Germany keeps ALL her manufacturing to HERSELF(or is it himself as Hitler called Germany the Fatherland)

    Anyway!

    PHOQUE Germany! I hope PSA buys Opel and moves ALL of Opel's factories in France!!!!

     

     

     

    tinfoil hat to me suggests the 'sale' was not really a sale yet, but other than to say GM sold a dead weight asset......when in reality what is probably hapenning is an actual merger......

    Share this comment


    Link to comment
    Share on other sites
    3 hours ago, regfootball said:

    tinfoil hat to me suggests the 'sale' was not really a sale yet, but other than to say GM sold a dead weight asset......when in reality what is probably happening is an actual merger......

    GM woke up to the real fact that as long as the Unions have the GOV in their pocket and are protected, they will not make money and it is the ultimate money pit. Time to cut losses and walk away.

    There is a reason why the asian brands never bought mainland European car companies. They knew better than to get connected with that union mess.

    As I said, if GM cannot unload Opel, then just shut it down and kill it. Best way to go.

    Share this comment


    Link to comment
    Share on other sites

    So IG Metall is putting up demands in order to allow a sale of Opel to PSA.  REALLY?!  Since when do unions have a say on matters such as these?

    If the sale is scuttled because of this, then Mary Barra should simply shutter Opel posthaste with no mercy.  Teach IG Metall and other German unions the party is officially over.

    Share this comment


    Link to comment
    Share on other sites


    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.




  • Similar Content

    • By Drew Dowdell
      General Motors and Bechtel are teaming up to form a new company to deploy a widespread fast-charging network. Neither company plans to put any money into the project, outside investors are being solicited.  The network will help General Motors, which plans to introduce 20 new EVs by 2023.  It will also help other manufacturers of EVs. 
      General Motors will provide data to help decide where to locate the EV charging stations and Bechtel will use its own experts for the engineering and building of the stations. Much of the data will come from GM's OnStar system to help learn where people tend to park.  Data from both electric and gasoline powered vehicles will be used.
      Additional fast-charging infrastructure is seen as a requirement to increasing electric vehicle sales. According to a survey by AAA, one of the biggest concerns Americans have about EVs is having enough locations to charge them.  
      The network built by Bechtel and GM will not be limited to interstate highways where most fast charging stations have been located so far.  The company will also locate chargers in urban areas targeting apartments and condos where drivers cannot have a home charger of their own. 
      The new venture joins major initiatives from Electrify America, a Volkswagen funded EV station program, and Tesla with Supercharging, to build out a nationwide network of charging stations. 

      View full article
    • By Drew Dowdell
      General Motors and Bechtel are teaming up to form a new company to deploy a widespread fast-charging network. Neither company plans to put any money into the project, outside investors are being solicited.  The network will help General Motors, which plans to introduce 20 new EVs by 2023.  It will also help other manufacturers of EVs. 
      General Motors will provide data to help decide where to locate the EV charging stations and Bechtel will use its own experts for the engineering and building of the stations. Much of the data will come from GM's OnStar system to help learn where people tend to park.  Data from both electric and gasoline powered vehicles will be used.
      Additional fast-charging infrastructure is seen as a requirement to increasing electric vehicle sales. According to a survey by AAA, one of the biggest concerns Americans have about EVs is having enough locations to charge them.  
      The network built by Bechtel and GM will not be limited to interstate highways where most fast charging stations have been located so far.  The company will also locate chargers in urban areas targeting apartments and condos where drivers cannot have a home charger of their own. 
      The new venture joins major initiatives from Electrify America, a Volkswagen funded EV station program, and Tesla with Supercharging, to build out a nationwide network of charging stations. 
    • By William Maley
      Maven, General Motors' car-sharing service launched in 2016 will be ceasing operation in several cities in the U.S.
      The news was first broken by the Wall Street Journal on Monday and has been confirmed by a GM spokeswoman. Eight out of the seventeen markets that the service operates including Boston and Chicago will be closed down within the next few months. According to the spokeswoman, the shutdown is due to GM wanting to "concentrate on markets in which we have the strongest current demand and growth potential." Those markets in question include Detroit, Los Angeles, and Toronto.
      Another possible reason is the lack of awareness of Maven in the eight markets being shut down. There isn't enough demand for people wanting to use car-sharing or wanting to allow the use of their vehicles.
      Source: Wall Street Journal (Subscription Required), Automotive News (Subscription Required)

      View full article
    • By William Maley
      Maven, General Motors' car-sharing service launched in 2016 will be ceasing operation in several cities in the U.S.
      The news was first broken by the Wall Street Journal on Monday and has been confirmed by a GM spokeswoman. Eight out of the seventeen markets that the service operates including Boston and Chicago will be closed down within the next few months. According to the spokeswoman, the shutdown is due to GM wanting to "concentrate on markets in which we have the strongest current demand and growth potential." Those markets in question include Detroit, Los Angeles, and Toronto.
      Another possible reason is the lack of awareness of Maven in the eight markets being shut down. There isn't enough demand for people wanting to use car-sharing or wanting to allow the use of their vehicles.
      Source: Wall Street Journal (Subscription Required), Automotive News (Subscription Required)
    • By Drew Dowdell
      Among General Motor's restructuring and cost slashing activities of 2018, GM was apparently in talks to sell their headquarters in Detroit.  GM bought the Renaissance Center in 1996 for $70 million and has made substantial renovations over the years.   The RenCen, as it is also known, was originally built by Ford in 1971 who later sold it in the 1980s.
      The potential buyer was billionaire Dan Gilbert.  Talks fell through rather early because the aging structure requires expensive upgrades to its heating and air conditioning systems along with other renovations. There does not appear to be another buyer in talks with GM at this time.
      News of the potential sale follow a year of cost cutting measures by the company that include closing five North American plants and cutting up to 14,000 jobs.  The company hopes to have $6 Billion in annual savings by 2020. 

      View full article
  • Social Stream

  • Who's Online (See full list)

  • My Clubs

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×
×
  • Create New...